Replies to post #74760 on InterDigital Inc (IDCC)

[dmiller]

twelvebees...if you look at my post from yesterday you will see that it took 23 fills for me to buy back about 8k shares. I was still only charged one flat rate commission. It doesn't matter how many lots it takes to fill or sell an order. You only pay one commission.

[imalurker_2]

12 B's, If my recollection is correct, When I place an order with Waterhouse for 1000 shares at a fixed price, and it takes 2 to 10 trades to fill the order, I pay only $12.00 in comissions for the 1000 shrs.
As I recall, Morg. Stan. charged me for each trade.

[jjff]

He`s probably trading comission free

[goblue]

12b's.....its not necessarily expensive for one guy to drop many 100 share lots.......esp if on the pro side of things, he's probably paying per share rather than a ticket charge per order......ie, a couple years back when i was trading equities, i think i paid .007/share....so the commission i paid was the same whether it was 10 separate orders for 100 shares or 1 order for 1000 shares.....

[GE_Jim]

Well, there can be and mostly are many reasons for this. Some are individuals, some are programs some are the big boys trading on avg.

Regarding expensive depends how you’re set up. There are many different ways to go here, too many to go into. I.e. for me flat fee unlimited trades or lots trade. Buy 100, 500 1000 trades etc per year Limits are in play however, i.e. 5000 or 25000 share trade max and so on. How much business you do in other areas and how big your portfolio is can also get you some good cost per trade. Especially over the last few years.

Bottom line not a factor if you’re a trader. Don’t worry about the pennies, worry about the dollars. Many don’t

Anyway not for everyone , want to repeat this ,NOT for everyone, most traders make their money off the people who shouldn't be. This IMO but, its good advice if you don't already. Not the time for it anyway.