Forum Discussion
JRS___B
Jul 23, 2013Explorer
Gdetrailer - Oddly enough it was an employee at a local bank where I have a brokerage account that suggested E-Trade if I wanted to buy penny stocks, because their fees were too high for that type of purchase. A 3 cent per share added transaction charge to buy a 30 cent per share stock, and again to sell, means the stock has to go up 20% before I break even. I think I will just pass on the penny stocks rather than deal with E-Trade.
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