OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Stock Puppy who wrote (4243)	2/14/2000 12:37:00 PM
From: Richard L. Williams	of 4276

Stock Puppy, I FINALLY sold my OLEX today...but it was painful! I placed my call to Ameritrade--have to negotiate a menu. Then I am told it is a four minute wait. The bid at this point was .75 and dropping fast. The wait was more like six. I placed my order-I have to give my account number and name, then tell them which stock I am trading and how much. They take the order. Time from placing the call is twelve minutes, and the bid is now 1/2. It THEN took over ten minutes to execute...I got out at 5/16, and I count myself lucky. But combined with my experience in buying another stock today (DMEC, took A-trade over an hour to execute), it's plain to me that Ameritrade has got to be the WORST way to buy and sell OTC:BB stocks. Even a full service broker would not have cost me as much as I lost today using A-Trade. Good thing I don't need this money to eat with.

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