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Non-Tech : Always Looking for Cheap Internet Brokers

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To: Judith who wrote (86)11/17/1997 12:14:00 PM
From: MichaelDP  Read Replies (1) of 602
 
I just dont get it. I think somebody may have already brought this up, but darnit I just dont get it. Does a broker house have somesort of additiona expense or risk by letting us trade BB and penny stocks? Do they not think that we all communicate with each other? I mean SI is the reason I found Farsight and I have been HIGHLY recommending it. They will loose a hell of allot of $10 (and I could be happy with $20) dollar hits from us penny people. They add up quick and penny traders are more prone to trade very frequently vs blue chip people.....It just doesnt make sense to me. I transfered most my holding from Amerihell (ameritrade) to farsight, now I will have to transfer them back I suppose. For the record Ameritrade is ok, they are not so good if you want to request your Certs. I actually caught them in a couple of bold face lies to me be, but aside from that an if you do penny stock a long hold time they are ok. I just dont like that you cant trade pennies on line or get accurate account status when BB's are in your portfolio.
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