Reiteration Of A Point

I write a lot about trying to understand how certain things work in an effort to help remove emotion from the process.

This chart compares the UK listing of British Pete to the ADR which is a client holding.

This week the dollar is down against the British pound by almost four cents. The stock has had a rough week down almost 5% in the UK. Because of the weak dollar in the same time period the ADR is down just under 3%.