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31,250 Shares of USCI. Check out the DD on the .0001/.0009 thread on this. I hope you have other money for the trade. If not......Try a nice Grey Goose Martini, You can get a small bottle for $25 bucks. LOL
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Thats awesome. Atleast it will make you feel like your already rich.lol On a serious note try SFII, but it might get out from under you in the next couple of days, as I cant get any fills at .0025 which tells me it has formed a good base.
For the long term the best gamble is to load up on the NANOTECHS. CTKH for one and NNCO.
quote:Originally posted by lilpennypincher: 31,250 Shares of USCI. Check out the DD on the .0001/.0009 thread on this. I hope you have other money for the trade. If not......Try a nice Grey Goose Martini, You can get a small bottle for $25 bucks. LOL
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Load up on NNCO....acquisition in process with Red Alert, who has completed 80% of Germany contract (counterterrorism). BIG potential. As always due your DD. Good luck.
Posts: 200 | Registered: Feb 2004
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quote:Originally posted by fjean: What can $25 buy in pennyland?
any suggestions folks
Do not worry about buying by $25....you will get killed by commisions...the minimum is $7 & upward...except I think Freetrades gives you free ones (I do not have freetrades)
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If you are going to invest $25 only in stock, make sure you choose wisely. You will need to check for your commissions (lowtrades charges 5 bucks each buy and sell = $10 total) and then set your sell price. Make sure that you can get a profit after commissions. I have bought $25 worth of stock and only received 1000-2000 shares. At that rate, that stock has to go up a lot for it to be profitable. I actually have the lotto stock CMKX which I bought $25 worth = 250,000 shares. I am hoping that it goes up and up. Even if it goes to 0.0003 and I am able to unload, that makes $75 - $10 (comm) = 65 - $25 (initial input) = $40 profit (minus taxes = $1 --> LOL). Just do your DD and figure out what profit range you would like to obtain when setting your price.
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Jimbo, that is so logical! Also, thank you for posting your comment regarding lowtrades. I am getting killed by scottrade's fees($22 per transaction) for pinksheets. I am going to check out lowtrades now. TY(thank you).
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Yes, I've got Scottrade too and can't even trade alot of pinks and subpennies. I wanted to get in on QBID weeks ago, but can't do it with Scott. Maybe I could if I call, but that is just another fee added to the rest.
Posts: 109 | From: oak ridge, nj USA | Registered: Oct 2003
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I use Scottrade, Etrade, Mytradz, and Freetrade regularly. The $22 for pinks is pretty high but I have gotten faster and more sure execution going over the phone. Depends on the size of the trade whether it is worthwhile or not. Freetrade is pretty fast-owned by Ameritrade-you get 20 free trades and your other trades are $1-3 depending on how many you make. I trade way too much so I probably pay under a dollar average. It lets you get in and out quick if you get buyers remorse. The record keeping is not too good with Freetrade. I always have to look up what I bought something at as they don't show it on the screen with your portfolio. How is Lowtrades as far as what the portfolio screen is like? Do you like them? I like using multiple brokers to compare price executions and customer service. The one I liked the best got bought out by Ameritrade. It was BrokerageAmerica. I really liked that one. GLTA My favorite subpenny is a long term hold of CYII I bought back in February for about the same price it is now. Knight and another security dealer own most of the shares and I am guessing that they are planning on making money from it someday. DD-It is pink and you can see the Feb 17 press release on pinksheets.com- IMO-GLTA-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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