New Sky Communications (NSKY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : New Sky Communications (NSKY)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: OFW who wrote (1616)	8/21/1998 4:28:00 PM
From: rockets	Read Replies (1) of 2601

Yes I'd be happy to. 1) NDB charges a "flat" rate of $14.75 market orders 2) NDB charges a "flat" rate of $19.95 Limit orders 3) If you purchase "100,000 shares at .023" at market, 14.75, then the mm's will fill it however they want to but you only get charges a one time fee of 14.75. So, you want to place the same order in but instead place a limit (a wise choice) it will cost you $19.75. Generally the whole order gets filled. It may take a hair longer but it ultimately gets filled if your Limit Price is within Reason. I dont understand your 2nd question: "Is it true that ALL trades on one side of the market on the same day are combined into one trade for commission purposes? If so, when they combine, are you still paying $19.75 regardless of the total number of shares or do they add more based on the number of shares traded?" Anyway, NDB for decimals, no matter how small or how many is a flat rate of 14.75 or 19.95. Quick executions and very easy to reach CSR's. It's the best thing I've done so far while trading penny's and with a limit price. Good Luck

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next