This is topic Bid/Ask for Pinks Viewable on Scottrade in forum General Investing Topics at Allstocks.com's Bulletin Board.


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Posted by AshyToClassy on :
 
Scottrade now shows the bid and ask price for pinks on their streamer. Plus you can now purchase pinks online without calling the broker. [Eek!]
 
Posted by andrewAAB on :
 
It's about time...............
 
Posted by ghosty on :
 
Too bad I opened a Ameritrade account. Maybe I'll use Scottrade as a backup..
 
Posted by Ric on :
 
Still have that 1/2% charge though
 
Posted by Sgt. of ARMS on :
 
hey what do you know, now I can buy qbid and hold.
 
Posted by midnightlady on :
 
They still have that 1/2 of 1%, but they only charge 7.00 a trade for any order.
 
Posted by FurrySound on :
 
I called Scotttrade and they said starting today, pinks can be traded online without broker. For stocks priced under $1, add 1/2% of the principal value to the commissions shown.

Ameritrade - $10.99/trade - all stocks, even under $1

Scottrade - $7/trade - Under $1, add 1/2 % of principal

Breaking point:

$798 principal. Under, Scotts is cheaper, over and ameritrade is... obviously it's the same for both at $798.
 
Posted by NomarKash on :
 
I just tried to buy a pink on scottrade online and it said I couldn't buy this online only calling my broker? What gives? I thought we could now trade pinks online.
 
Posted by glassman on :
 
thye don't trade SOME pinks at all...

did you use a limit order?
 
Posted by NomarKash on :
 
Yeah you can't buy HPON at scottrade at all, whether online or by broker.
 
Posted by Machiavelli on :
 
quote:
Originally posted by FurrySound:
I called Scotttrade and they said starting today, pinks can be traded online without broker. For stocks priced under $1, add 1/2% of the principal value to the commissions shown.

Ameritrade - $10.99/trade - all stocks, even under $1

Scottrade - $7/trade - Under $1, add 1/2 % of principal

Breaking point:

$798 principal. Under, Scotts is cheaper, over and ameritrade is... obviously it's the same for both at $798.

Pssttt Choicetrade.com ... $5 for anything stock... cheaper then both.. plus no restrictions on what stock you can or cant buy.. nor do you have to phone broker for certain stocks..
 


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