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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end? -- Ignore unavailable to you. Want to Upgrade?


To: brian z who wrote (446)4/20/1998 9:49:00 PM
From: Altaf Amin Jadavji  Read Replies (1) | Respond to of 3203
 
Can someone explain the volume thing. Today, 14mil shares traded (say, 7mil taking out double counting) and there are 1mil shares outstanding. So, not many peope are "holding" on the shares and there is a highly speculative drive on the stock. What else?

I sold out at $25 and saved myself from further trepidation. Although today's 45% could have been put to good use...

Regards,



To: brian z who wrote (446)4/21/1998 9:27:00 AM
From: yard_man  Read Replies (1) | Respond to of 3203
 
Scottrade. they've made some mistakes but have always fixed them to my satisfaction. They give so many real time quotes per trade which I like since I'm active.

9.00 a market order, 12.00 limit orders, for any number of shares over $1 a share. They get you on the commissions below $1. Won't let me do spreads or "naked" sales on the options. Usually I trade no more than 5 - 10 contracts -- always winds up being something around $30 a trade on the options.

I knew some local guys before they went internet -- that's why I've stayed with them. There's probably better deals out there.