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Microcap & Penny Stocks : TLTG: Teltran International, Inc.

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To: star56 who wrote (77)2/7/1999 8:06:00 AM
From: Stkbuyer  Read Replies (1) of 1184
 
You must have a broker that understands making quick trades and wants this type of customer. I use a Merrill Lynch broker that I have known for many years and is in another state from me. He has an assistant that is able to take and place orders. One of them is always in the office and it is rare that I cannot speak to one of them within a few minutes.

Yes, they cost more, but I also get executions at better prices than the limit prices that I set on a regular basis. Also, I have never felt that I was cheated by setting a market order, which I rarely do. I regularly get 1/8 better that I think that I will get. I have used discounters and make all of my own investment decisions, but I have always gone back to ML.

My latest example is TLTG. I placed my order at the ask of $1.12 and got an execution at $1.06. The $600 savings on stock price covers the higher commission on many occasions.

Gook luck this week.
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