SFAD Breaking into the INTERNET in a big way! Message Board

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Microcap & Penny Stocks : SFAD Breaking into the INTERNET in a big way!

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To: David Sirk who wrote (963)	1/4/1999 11:30:00 AM
From: Vandyman	Read Replies (1) of 1322

David.....question about commissions..... Did you say that you use E-trade? and only pay a $19 flat rate even at 100,000 shares? If so, I'm switching, but I looked at their web page, and read where they charge $.01 per share over 5000 shares. If so, the commission on 100k shares would be $19 + $950= $969. From the E-trade web site: "Limit and stop orders are $19.95. For listed orders over 5,000 shares, add 1¢/share to the entire order. Add $15 for broker-assisted trades. Some firms may offer discounts and services not available at E*TRADE..." If this is not correct, or if I misunderstood which broker you use, please advise. That is one problem I've encountered in trading penny stocks...the $.01 or $.02 override...thanks.......

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