Despite following following a few stocks on Hot Copper this is my first post.
Not quite sure what to do with my CXC shares. I was thinking of leaving my CXC stocks with the share registry and letting them sell automatically on the NYSE market when that time finally comes in Feb. I don't know what the risks are in this - what is the likelihood that the share price drops heavily due to other holders opting for the same path as me resulting in a loss of liquidity?
I would like to hold til February as I believe the price of Silver will be more then than now.
I would like to have this stock for the long term but don't know how easy this process is and how I might go about selling these stocks in the future. I buy/sell stocks through Macquarie Prime and as far as I am aware I can't hold NYSE stocks with this platform.
For all the other current holders what are your plans?
CXC Price at posting:
$23.94 Sentiment: LT Buy Disclosure: Held