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oldhamegg

08/04/08 12:44 PM

#44429 RE: blackcard #44428

Scottrade charges extra commisions on penny trades, not that you should be buying any penny stock. In fact, stay far away from pennies and develop a trading pattern based on big board stocks between 1.00 and 10.00. a .10 cent move on 1000 shares is 100.00 bucks and more achievable on a daily basis than a fraction of a cent on a penny stock.