jcljack25, I do understand your perspective...
...and I appreciate it, and I think you are doing just fine.
But making a buck in penny stocks is a really tough game to be playing. So I think it is worthwhile to not get too close to any specific investment. Think of THIS stock like it is a wave from the ocean, and you're a surfer on your board. Just ride it while it has some energy. Then when it's time just let it go and find another. Don't even focus on their golf clubs; stay focused on your personal ROI performance.
About Fidelity... Years ago when I worked for a living, I too had an account there. I didn't have the time to trade so I just stuck with their mutual funds. Now I think they're a good company but a lousy broker.
I wanted to buy a few million shares of a sub-sub-penny stock, about $400 worth. I ran it thru their commission calculator and they would have charged me $1200 commission for that purchase. I believe they are more realistic now, but needless to say, I am not with Fidelity any longer.
Since then I have had about 20 brokers. If you like trading penny stocks I would suggest TDAmeritrade because of their totally flat-fixed commission schedule; $9.99 for all trades of any size. Also, on certain stocks, it helps to go with the largest Market Maker, which is NITE. Their retail outlet is Scottrade who clears ALL trades exclusively thru NITE. So between those two brokers I have everything I need.
Good Luck.
bbd
AI
