I was watching the sales on the way down - most of the sales that droped the price were for 1000-5000 shares. It would cost too much to do that myself even at 7-9 dollars per trade. Who else could afford to do it other than market movers?? There were larger sales along with the small ones, but not that many. It looked like to me someone was driving down the price and some of the lucky ones were buying at lower prices. The more volume, the faster the share price fell. An extra amount of small orders were processed all the way down.
Could anyone recommend which discount broker to use for pink sheet stocks? I would like to move Franklin Mining from my current broker if that is possible.
My current broker charges 5% commision for Franklin Mining. 5% was an irritant at the purchase price and will be a big pain as prices rise.
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