AI
Sunday, August 28, 2011 4:00:47 AM
oh yeah. I just saw the post you were responding too, haha.
You are correct! I personally think there is a reason why the lock has not been lifted and a PR about this lock has not been put out. I'm confident in what they are doing behind the scenes which is why I don't worry about it, I just encourage more people to buy in with brokers who CAN buy. Zecco was my main pitch but now with their ridiculous commission fees when trading non-DTC eligible penny stocks, nobody really wants to use them anymore haha.
I still have a friend who now has all of his money in his Zecco account but not willing to cough up those commission fees and to be honest, I don't blame him.
Being that there are only so many shares available at each ask, it really is not worth buying 5000 shares at one price and getting hit with the huge commission fee and then buying 2500 at a price, 1 penny higher and getting hit with yet another ridiculous commission fee.
So he is still fence sitting, as are A LOT of other investors waiting to get a piece of PELE.
To be honest, I don't think they will be able to get a piece this cheap once the lock is lifted as FlipperT23 made a great point, this is not small potatoes at all and I'm glad I'm already in
go PELE!!
You are correct! I personally think there is a reason why the lock has not been lifted and a PR about this lock has not been put out. I'm confident in what they are doing behind the scenes which is why I don't worry about it, I just encourage more people to buy in with brokers who CAN buy. Zecco was my main pitch but now with their ridiculous commission fees when trading non-DTC eligible penny stocks, nobody really wants to use them anymore haha.
I still have a friend who now has all of his money in his Zecco account but not willing to cough up those commission fees and to be honest, I don't blame him.
Being that there are only so many shares available at each ask, it really is not worth buying 5000 shares at one price and getting hit with the huge commission fee and then buying 2500 at a price, 1 penny higher and getting hit with yet another ridiculous commission fee.
So he is still fence sitting, as are A LOT of other investors waiting to get a piece of PELE.
To be honest, I don't think they will be able to get a piece this cheap once the lock is lifted as FlipperT23 made a great point, this is not small potatoes at all and I'm glad I'm already in
go PELE!!
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