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awayfromhome
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Posted on 08-17-10 10:44
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Hey Guys,
I am new to the world of stock. I opened new share-builder account and later realized that penny stock investment is not possible via share-builder. Can anybody put a light on how to invest on penny stock? I heard that most of the big brokers don't allow to invest on penny stocks.
Thanks in advance guys.
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pat
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Posted on 08-17-10 11:07
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Yay...Sharebuilder does suck and it is more expensive compared to other discount brokers. I had an account with them, but not anymore. I recommend using zecco and/or tradeking. Both of them are very cheap and they let you trade penny stocks. Check out this comparative price review between zecco and tradeking. I opened account with both of them and have not had any problems.
http://www.stocksnewbie.com/zecco-vs-tradeking-review-of-online-discount-brokerage/By the way, penny stocks are very volatile and flat out dangerous. Good luck trading!!!!
Last edited: 17-Aug-10 11:08 PM
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awayfromhome
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Posted on 08-17-10 11:28
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Contango
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Posted on 09-04-10 9:34
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HOw much do you know about stocks..? Obviously not enough since you are interested in penny stocks. Well this was how I started as well; started with penny stocks until I got educated enough and have enough money to invest in more solid comapies. Remember the fact: 90% of otcbb and pinkshit stocks thta you see today will disappear in next few years. I woud suggest you to look in to big board and invest as you learn. YOu will lose money in the begiing but if you have passon for it you will make good money but nowhere close to it used be in 90's and earlier in this decade. Wish you luck.
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