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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: Silver Fox who wrote (6503)7/19/1998 1:22:00 PM
From: Russ Howard  Read Replies (2) | Respond to of 43774
 
Wait! Silver Fox, if you are opening a new trading account, do yourself a favor and open it at National Discount Brokers...

ndb.com

Waterhouse does not allow decimal trades...an absolute necessity for some of these pennies.

Good luck,

RH



To: Silver Fox who wrote (6503)7/19/1998 1:44:00 PM
From: LegalBeast  Respond to of 43774
 
Sue'em Fox. Unless they gave you reasonable notice, you may be able to collect damages due to their arbitrary and capricious act!



To: Silver Fox who wrote (6503)7/19/1998 4:58:00 PM
From: DSPetry  Respond to of 43774
 
Be carefull with Waterhouse if your gonna trade pennies..
I currently use them...but they charge $12 for 1-5000 shares..
Above 5000 shares, its .01 per share...so 100,000 of PRWT would be $1000 or 20% (Assuming .05 price).
Of course you can buy 5000 at a time over the web...but that sucks...
Its great if you want to trade bigger priced stocks..but they kill ya on pennies.
Dave
P.S - Good point on the decimal thing....they don't do decimals either



To: Silver Fox who wrote (6503)7/19/1998 5:17:00 PM
From: Roger Bodine  Respond to of 43774
 
Silver Fox
Try E-Trade, call it in for one charge on penny stocks of $19.95 any quantity. Make sure it is a limit order, GTC.
Roger