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Re: wistockjock post# 4062

Friday, 04/15/2005 8:10:21 AM

Friday, April 15, 2005 8:10:21 AM

Post# of 130254
It is the 'all or none' restriction that I put in that is causing the problem, I think, Wistock. The broker's software probably thinks, "Gee, a half million shares, that's alot of shares to buy 'all at one time' (the fact that it's only a hundred bucks worth probably does not enter into its analysis). If I was buying through Scottrade, for example, and the 500,000 shares was broken up into 'several buys' at $4 each that would come to a broker fee of $12, which I could 'live with' on a hundred dollar buy, but with Charles Schwab it would cost me $13 each and 'that', I could NOT 'live with'. Now that Hop-on is a SUB-penny stock, in other words, it is necessary to buy it through a DISCOUNT-discount broker (like Scottrade) rather than just a discount-broker (like Charles Schwab). JMO, thanks for everyone's help.. dc.....