Troy Resources (TRY.to) (TRY.ax) is having a good day in Australia today. Here’s the chart (and note tonight’s candle blowing through the upper bollyband). Volume is 200,000 and counting, which is above average:
On current forex, the A$1.29 right now translates to C$1.05. Note that TRY.to closed at C$0.96 today in Canada on very low volumes. That’s a 10% arbitrage on disparate volumes…nice.
The NOBS report that explains just why I like this stock so much is still very much available; Click here for details and get your own copy; it’ll make you a lot of money in 2009.
UPDATE: just checked back to the ticker a couple of minute later and TRY.ax is trading at $1.31. That’s up 16% and really moving now.