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144: Tim Steenstrup – Learn an Arbitrage Strategy Used by Professional Stock Traders

Chat With Traders

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Pink Sheets and Gray Markets

There's a lot of Japanese stuff. Maybe you've heard of the big construction maker Kamatsu, which is a competitor to Caterpillar. They also trade as a five letter name in New York. So basically they're very, you know, they're not very liquid. They trade wide bit off her spreads. Market makers are involved in protecting themselves in those names. The only time you can get liquidity in those names is if there's an account in New York that needs to sell or buy in pretty good size. But you really have to know your stuff to get involved there. And for me, it's great because, you know,. there are no, there's very few algorithms trading

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