Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
Posted by: Peynus
Posting time: 4.9 years ago on
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Archived on: 2/12/2017 1:51:00 AM
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Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
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[–] PraiseIPU 0 points 4 points 4 points (+4|-0) ago
Word of warning to penny stocks. Some trading companies will tack on an extra fee for any stock worth less than $1. On top of the usual $4-$7 per trade fee.
This can pay off like in the case of Fanny Mae/Freddy Mac which were trading below $0.20/share at the bottom and spiked to $5/share at one point. But these cases are extremely rare.
[–] Womb_Raider ago
Oh, jeez. Stock fees were always a racket.