Excellent movement up today after seeing a day or two of what appeared to be profit taking for those in at .50 cents.
The small cap market seems to be picking up in many areas. It just may be that the "buy in fall" took a couple of months longer than usual. It looks like support for Noront is beginning to return.
Not here to plug any particular brokerage firm but I wanted to share a trading fee reduction I was able to negotiate with brokerage house last week. I have been trading on-line with CIBC for a couple of years now. It turns out that Firstline Mortgages, the company I have my home mortgage with, is part of the CIBC group of companies. Anyone with over $100,000 in product in the CIBC group of companies qualifies for special pricing in terms of trades --> $6.95 per trade with no monthly/quarter minimums or maximums.
I had assumed that product meant "investment account holdings" or "bank account balances" with CIBC. It turns out that CIBC or Firstline mortgages, though a liability in relation to the banking side of my relationship with CIBC, is deemed to be included in the qualifying criteria. With a mortgage far exceeding $100K (you don't want to know :) I will have this trading pricing for a very long time. That is until NOT hits the skies in the future ;)
The other nice bonus is that this applies to all of my CIBC Investor's Edge trading accounts (locked-in, RRSP, and TFSA) and my Mrs. Misfits accounts (regular and TFSA).
I know that there are other discount brokers out there with many receiving similar pricing, but I wanted to share this with those who may use Investor's Edge for their trading and also have a mortgage with CIBC or Firstline. If you are paying regular fees you no longer have to.
This may be true of other banks as well so it doesn't hurt to ask.
With the money I will save I hope to buy this stock one day: NYSE: BRK.A
M1.
