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Re: WTMHouston post# 17

Thursday, 05/26/2005 4:24:47 AM

Thursday, May 26, 2005 4:24:47 AM

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Troy:

It looks like very few (almost none, actually) of the 4600 stocks are the ones I'm invested in or interested in being invested in. As a microcap investor (or trader), I realize why they can't include them in the 4600. Last I heard there were about 14,000 stocks.

Also, the window part of it is troubling. I put in lowball limit orders and let the price come to me. I don't see that as an option here. It looks like some kind of mix between bid and ask and market. You order, it goes today. End of story.

The $4 is better than $5 - assuming they even trade BB's. I'm paying $5 with Izone (Ameritrade), but the difference is sure not enough to change - especially if I'm not even taking advantage of the free trading.

BTW: On their web-site, they say it is $300 for the 400 free trades, better than $400, but still $300 too much for me. Thanks for the idea.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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