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Big Momma

11/16/12 12:27 PM

#85518 RE: Newbie2010 #85513

If you choose Fidelity, you have to speak with a representative over the phone to authorize your account to trade penny stocks before making your first penny stock purchase. It only takes a few minutes. At least, this is how it was when Skelator opened a Fidelity account a while back. E-trade is Great too. I wouldn't go with any other broker for OTC penny & sub-penny stocks. Scottrade is alright but they make you phone in buy orders if the stock moves > 40%.