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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: Stroke who wrote (2725)3/7/1999 9:05:00 PM
From: re: MAX  Read Replies (1) | Respond to of 8189
 
Stroke,

I've signed up with AB Watley. They do a couple of things for me that I can't get elsewhere. They allow Level II for free if I do over 50 trades a month at $19.95 (I do). They also have Instinet trading where I can call in, talk to an online broker who is sitting in front of his Instinet Machine, he will place my buy (but not OTC-BB)at say 8:00 AM, I will get my market order before I would if I did a Market Order with Schwab at 9:33 AM, for example. I'm told by the Watley guy that I can't do the actual buy at 8:00 AM, but I'm further up the chain than everyone who jumps on with Market Orders at 9:30 or after. You can go to their web site ABWATLEY.COM, and look around, send an e-mail, ask them questions. They'll be glad to help. I also use WIt Capital for buying into IPOs before they hit. I almost think we need three or four different types of brokers. 1) Level II, Instinet guy
2) A Schwab type (because they've always been around and should be in the future) for retirement stocks.
3) A Wit Capital for IPO trades.
4.) A Webstrret Securities type broker who will charge the minimum for a multi-thousand share trade. For example, if you buy 10,000 shares of some penny stock, they'd charge $14.95. Others, like Schwab, charge so much per share over 1,000 - or $300.00 for the same trade.

The above is JMHO, and how I'm forging my way through the online trading maze. All this is as a result of one loss that I took a $23K hit on last December. Seee, I am a graduate of Burn & Learn Academy. Gotta run, I promised "me poor Moother" I'd visit.

Best of Luck at the bell,

re:MAX

P.S. Spelling is INSTINET Go to www.Instinet.com



To: Stroke who wrote (2725)3/7/1999 9:06:00 PM
From: Andrew H  Read Replies (2) | Respond to of 8189
 
Stroke, fear not. OTCBB stocks do not, repeat DO NOT, trade on Instanet.

Anyone that tells you they do, does not know what he is talking about.



To: Stroke who wrote (2725)3/7/1999 9:12:00 PM
From: Jon Scott  Read Replies (2) | Respond to of 8189
 
The following is addressed to those who feel it's deserved of.

I've never seen a thread like this.
Round and around and around. Gotta read 90 posts to get where you started.
I thought things were summed up earlier, but I guess not.
A lot of the same meaningless questions going nowhere.
Read the PR, read the CTRL specs. Compare and comprehend. If you can't do a reasonable assessment of MRPS' potential at that point sell the stock and buy a CD. You shouldn't be risking your money.
A lot of persons here think they need to call the company over every detail and "inconsistency".

YOU DON'T

GM and FORD and Nascar put more money and more time into checking out the company's credibility long before most of us got involved.
It's tested,compared, proven, and PURCHASED.
END OF STORY-
Go to sleep and enjoy the LUCK you've stumbled across
Signed,
Bewildered