Value Microcaps Junior Energy

[wadegarret]

Morgan Stanley fired me

They not only fired me, they flagged my account so as to warn other Morgan Stanleys to beware should I try to move my account. Oh well, I enjoyed my 1%/year(under $1M, and .08% over $1M) on my total portfolio with zero cost/trade/unlimited trading for 5 years, and did very well overall since late 2011. Guess they don't want guys like me anymore. Thing is, ever think how much it would cost to get in and out if you want $250K of a $10 stock, that only trades 50K-100K shares/day ? Well I'll tell you. If I want to get in and out quick, it would take me around 15+ seperate market/limit orders if I didn't want to yank up or down the stock price too much. Even on Scott trade or Ameritrade, that would have cost me at least $100 on the buy & $100 on the sell. Multiply that by around 200+ ins and outs/year, and you get the picture- I was getting a very good deal while it lasted.