what's the difference in these (2)?
should one go up more in an up mkt?
are they affected differently by USD fluctions
should one go up more in an up mkt?
are they affected differently by USD fluctions
PBR vs PBR.A
- Thread starter WhiteOut56
- Start date
I believe the difference is voting rights.
hmmmm so why don't they move 1 penny by 1 penny... whats the reason for the price diff
Making stuff up but perhaps some investors aren't allowed to buy shares that don't carry voting rights so there could be supply demand imbalances.
Also the borrow in one might be tough. I remember looking at this many years ago but the "edge" wasn't enough for us to pair trade it.
Also the borrow in one might be tough. I remember looking at this many years ago but the "edge" wasn't enough for us to pair trade it.
Yes i've day-traded both of these equities at times, almost exclusively
One is common (PBR) one is perferred (pbr.a)
Pbr- Is slightly higher priced (28.27 todays close)
Pbr.a- Is slightly lower priced (25.96 todays)
Pbr [common] is more liquid and has a bigger intraday range
Pbr.a is a little less liquid and has smaller intraday range
Both trade pretty much together as far a Net change on the day.
Both trade nice volume and have about 1k-5k shares available on both the bid and ask throughout the day, to trade
One is common (PBR) one is perferred (pbr.a)
Pbr- Is slightly higher priced (28.27 todays close)
Pbr.a- Is slightly lower priced (25.96 todays)
Pbr [common] is more liquid and has a bigger intraday range
Pbr.a is a little less liquid and has smaller intraday range
Both trade pretty much together as far a Net change on the day.
Both trade nice volume and have about 1k-5k shares available on both the bid and ask throughout the day, to trade