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Microcap & Penny Stocks : PRMC

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To: hoffy who wrote (37)5/18/1999 9:04:00 PM
From: Patrick R.  Read Replies (1) of 107
 
Question for the traders that trade OTC stocks.

I have traded some OTC...happy to say I bought CMOZ early.... I have found even with little capitol I trade mostly the big boys...20 shares of LCOS on retracement AOL and so forth....and make a few hundred here or there.

The reason I stay away from OTC is because I can trade non OTC for $7.00 a trade...OTC $22.00. Can you get commissions lower than $22.00 for OTC?

I think it is worthwhile if you have some good info tech analysis or news to trade big blocks maybe 1000+ shares of an OTC and if you get a +.50 cent move COOL!

But, my question...etrade, ameritrade, scottrade commision on OTC is high and I think Ameritrade...I know Scottrade will not allow OTC to be traded over the net, you have to call a broker.

Any info would be appreciated!

Thank you!
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