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Micro Penny Stocks, Penny Stocks $0.10 & Under
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ILGY..............PICK OF THE YEAR!!!!!!
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[QUOTE]Originally posted by Hitman: [QB] Note about Scottrade ... If you buy a penny stock at STrade and the stock drops a lot.... Scottrade will limit the price you can put in to sell.... So you will have to keep an active watch on your loosing stock because you most likley cant place a high enough trade above the current stock price to recover your losses. Example you buy at .01 and it drops to .0001 ... you are stuck cause you cant put a sell back in at .01 you will have to be watching the market and actually see your stock rise enough to sell and recover your money. Scittrade is not a healthy place to trade pennies unless you can watch the market a lot... I am currently stuck with several low ones and if they go back up I wont be able to sell them because i may not be watching when they go back up :{ [/QB][/QUOTE]
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