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Microcap & Penny Stocks : ARET (Formerly KLHE)
ARET 0.00010000.0%Nov 5 1:03 PM EST

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To: (Bob) Zumbrunnen who wrote (2741)11/26/1997 1:29:00 PM
From: Roo  Read Replies (2) of 4594
 
Added more myself about 1/2 hourt ago (only 10K, but more is more!) and got filled immediately @ .028.

For those looking for a good quality online broker, here's a plug for Discover Direct. Although their online trading form won't let me go to fractions below 1/64th (thus making it impossible to place limit orders between 1/64 and 1/32nd), I have had great success with placing market orders with them when I see it trading in that range. Today my market order went off at .028, last week I got another market filled at .023. Quite good of them considering the potential for robbery <VBG!> Actually, I DO limit the amount of damage they could do by using my cash account and making sure there is only enough balance to cover the order at my target price. That way if the bid ticks up out of range my order gets rejected for insufficient funds. Probably not of much interest to most of you, but for those who have been burned by brokers on market orders in penny stocks, Discover seems to do a pretty good job of getting a fair price.

-ROO
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