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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (6612)	2/22/1999 10:35:00 PM
From: Kevin McKenzie	Read Replies (4) \| Respond to of 11130

Barbara et al, Which brokerages have the cheapest commissions on OTC's? I've perused this thread for suggestions and it looks like most of the regulars here use NDB, CyberTrader and a couple others. I currently trade through Schwab. They charge $30 per 1,000 shares traded. This is fine for stocks over about $2. But if, for example, I had tried to purchase PNTH for around .02, but I would have been spending $30 in commissions for every $20 in stock (just to get in, and another $30 per thousand to get out). I would love to start trading the picks on this thread, but I need reasonable commissions. I know some of you think that commissions don't matter if you enter and exit the position correctly, however, I just can't see spending $60 to turn around 1,000 shares of a stock that cost me a total of $20 (or less). Any help would be greatly appreciated. Thanks, Kevin