Forum Discussion
JRS___B
Jul 23, 2013Explorer
mich800 - Gotcha - Just one more reason not to take a flyer with penny stocks.
The stock I have in mind has solid technology and an established industrial customer base. They just do not have enough business yet to turn a profit. My intent was to just sit on this stock for as many years as it took for my ship to come in via a merger or acquisition.
I might still buy it, but not with E Trade.
I read the privacy statement for Scott Trade and it as not as ominous as E-Trade. But they wanted 3.5 cents per share transaction charge to deal with penny stocks, which is more than my bank charges.
The stock I have in mind has solid technology and an established industrial customer base. They just do not have enough business yet to turn a profit. My intent was to just sit on this stock for as many years as it took for my ship to come in via a merger or acquisition.
I might still buy it, but not with E Trade.
I read the privacy statement for Scott Trade and it as not as ominous as E-Trade. But they wanted 3.5 cents per share transaction charge to deal with penny stocks, which is more than my bank charges.
About RV Must Haves
Have a product you cannot live without? Share it with the community!8,793 PostsLatest Activity: Aug 22, 2023