Scottrade has the lowest fees but you have to start with $500
SVTP stock pick thread.
- Thread starter STAMPEDE3
- Start date
Thanks.
What is the average fee for a trade? There is a lot of fine print and I as not sure what the percentage/fee was for trading the pennies.
Damn, just took a look and it was at $2.24! Did you get out or holding?
Still holding, this one is being pumped hard. They even got TV commercial showing on their product now. The company is being run out of a freaking barn, it is insane how big this stocks got but it's going to fall the same way. From the looks of it now it might hit $3 by the end of this week.
You definately reaping some good returns! How did you hear about this one?
I hope you got out as the dumping has occured, currently at .84 and down 1.40 today. Scary how quick that happened as it was rising this morning and then at 11am turned south.
I did manage to get out at 1.60. I walked into the meeting at work when it was at 2.30, got back and it was around 1.60 and falling...still not bad for getting in at .29...
I really like this thread. I always wanted to get into stocks just do not know much about it. I have the normal 401K and company stock and ING Direct stocks but no penny stocks. Want to learn. So any any advice welcome.
Does anyone have strong opinions on Southwest?
Short it.
You should never ever go long the airlines, or any stock that has a large union membership.
Damnit. I just sold ADMP (I probably have mentioned it a while ago) for mid .20s after getting it at .16 a while ago, then it shoots up to .58. This one might finally be taking off.
I think SIRI is a $4 stock too.
I think SIRI is a $4 stock too.
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NFLX has been beaten down from $120 a month ago to $85 today. Eventually NFLX will probably completely dominate the movie rental industry, not sure if it will go lower but I feel there is an opportunity here. Definitely worth keep an eye on this one as it hit a low of $60 in dec. and hit $130 in feb so there is some money to be made off its volatility.
Do you guys do your own taxes? I've had an online trading account in the past and honestly the pain in the arse at tax time outweighed the small gains I had. I found myself holding stocks just to avoid incurring a transaction.
I import all transactions from scottrade to turbotax with one click and everything else is done for you. I think if you do your taxes right when scottrade reports you get a discount on turbotax.
I just bout 1000 shares of tgc @ 1.01. Also bought some of attuf @ .93 last week.
Added tgc to my watchlist. Looks like no debt, fat profit margin, and serious growth potential for a 63 million company if the nat gas trend changes. I'll have to look into it more.
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