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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Sheri who wrote (303)11/15/1997 10:16:00 AM
From: Ga Bard  Read Replies (5) | Respond to of 7039
 
.01 per share over 5000 will kill you in the OTC market.

GB

10,000 is a hundred commission or rather $57.95 ... National Discount is cheaper than that.



To: Sheri who wrote (303)11/15/1997 11:18:00 AM
From: Sheri  Read Replies (1) | Respond to of 7039
 
Here are some online discount brokers info: I copy and pasted all information here directly from their web sites. If anything is not correct, I don't take responsibility.
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When National Discount Brokers pioneered Flat Fee Tradingr in January 1994, we did away with the industry's traditional escalating commission structure and replaced it with a simple flat transaction fee.

$14.75 for any size market order placed using NDB's WebStation sm.* $19.75 for any size limit order placed using WebStation.*

* Listed Trades in excess of 5,000 shares will incur a one cent per share charge on the entire order.

All accounts require $2,000 in funds and/or fully paid for securities before trading can begin.

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Waterhouse
When you place a trade using your PC...

$12
per trade, up to 5,000 shares. Trades over 5,000 shares will incur a commission of 1 cent per share for the entire order.

When you place a trade using TradeDirectr, touch-tone telephone trading system...

$35per trade, up to 5,000 shares. Trades over 5,000 shares will incur a 1 cent per share charge for the entire order.

When you place a trade through an Account Officer...

$45per trade, up to 5,000 shares. Trades over 5,000 shares will incur a 1 cent per share charge for the entire order.

On-line Accounts require a minimum $2,000
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Tradewell Discount Investing>

$27 per trade* (broker-assisted)
$22 per trade* (electronic)

* A trade is defined as: Same stock, same side, same day - make unlimited day trades for a single round trip commission of just $44.00 or $54.00.
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Scottsdale

Three Ways to Trade:

Through your local Scottsdale Branch Office. Touchtone 24 hours ...from anywhere ... 1-800-906-SCOT. $9 Internet Commission on Listed and NASDAQÿstocks
$19 Internet Commissions if Equity less than $10k

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Does anyone want to continue this???????

Sheri



To: Sheri who wrote (303)11/15/1997 11:18:00 AM
From: Carl Brehm  Read Replies (1) | Respond to of 7039
 
That .01 cent charge on pennies is a killer as I buy in biger blocks, looks like my discount broker is still going to be the best deal to stick with flat $45.00 do mater what.

If everyone sends farsight an e-mail protesting the change they may revise it. I allready told them I will be closing my account if the new pricing stays in effect.

Carl