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Re: Hitman970 post# 325

Wednesday, 07/15/2020 9:53:56 PM

Wednesday, July 15, 2020 9:53:56 PM

Post# of 372
When I buy stocks I pay a $7 commission if I buy 1 share or 100 shares. If I bought 1 share for $130 it would cost me $137 with commission. And then when I sold it I would have to pay another $7 in commission so I would have to sell that stock I bought for $130 for $144 just to break even.

If someone tries to convince you to buy a stock they usually have a personal agenda to do so. Not because they are concerned about you making money but about convincing you to buy so they can make money. Same is true for those yelling sell.

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