TRADE BROKERS first-you will benefit in the long run. WOW. Etrade and Fidelity are good for penny stocks. BUT sometimes it is difficult to transfer. BEST BET-Set up an additional account-Faster too. Did you SCREAM AND YELL-$500 commission--are you guys crooks. What was the %??? Trade vs commision? 8200 vs 500 ball park figure? 7%--I would tell them where to go.They would NOT like it. Call them and COMPLAIN-that commission is way too high. Get your figures together and call-they might reduce it. If not--you have not lost anything for asking.
You should create an etrade account and transfer funds from your bank account to the etrade account. You will be trading on Thursday if u comolete it now..broker fees are only $9.99 per trade. $500 in commission fees is like being robbed without a gun and raped without a rubber and some ky. Lol
Switch brokers. TD and Etrade work well and are under $10 a trade. IMO ETrade is the best choice among retail brokers for pennies. Fees are fair. Thinking of switching a lot over from TD myself. Only really use Mobil platforms, but am starting to use Think or Swim again and am not loving it. I will dabble with Etrades platform...open to suggestions if anyone has any...
That's a lot of cash to drop. For 1k I invested yesterday I flipped and made 2.5k today. Look at it like that. You money should work for you not for the share shitters.
I had a buddy who used to pay $300 every time he did a trade. I told him I would tell him what to trade for $100 per trade. :)
But seriously you need the hell out of there. $500 worth of MINE a few months ago would be worth much much more.
I have been a lifer at scottrade but to be honest their commissions can get crazy too for pennies. Nothing like what you are paying but a percentage of your take.
Try to get right ASAP but don't rush anything. This is a great stock by there are many others out there as well.
At the end of the day it's about making money. You can do it with MINE or thousands of others.
Hope it works out for you. I can safely say all of us have had some drama in our lives when stocks are involved.
If you don't want to wait for funds to clear and trade a stock like MINE you could wire transfer the funds same day to CS and be trading MINE same day. Wire feed should $50 or less