Allstocks.com's Bulletin Board: newbe ?

This is topic newbe ? in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.

To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/t/004318.html

Posted by slant77 on :

what does it mean to take a free share postion

Posted by Jesse K on :

For Example:

You buy 100 shares of XYZ @.5

it goes up to $1, you sell 50 shares to make your orginal investment back. You now have 50 "free" shares.

Posted by slant77 on :

Thanks

Posted by PAUL on :

It is also good to consider other things into your sell.

Taxes & Commission ( I dont trade much money, commission is an issue w/ me.)

PAUL

------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.

Posted by Mac the Knife on :

Paul,

If commissions are an issue I suggest you get into freetrade. First 20 trades free. Next 20-30 trades $3 then $2 then $1. It is easy to qualify also. You don't need two years of trading experience to qualify like they say you do. Just be generous with your answers. They do not check them. It will save you hundreds of dollars in a year and probably will end up making you money because you will be more apt to make trades that you decided not to based on commission fees. I had Ameritrade and now I have Freetrade and it was the best decision I have made so far this year. Mac