RSSWhich online broker is best for Super Sub Penny stocks?
Saturday, July 24th, 2010
I know some of the brokers charge an additional amount per # of shares over 1000. If I’m investing in super sub penny stocks (.0001) then I’ll be buying and selling hundreds of thousands to multi millions of shares, if I were to use Sharebuilder, it would cost me a fortune to make a trade. Which broker is best for this type of trading? Which has the most penny stocks to trade with (Sharebuilder doesnt really do many penny stocks)? Which broker has no limitations on the number of shares you can buy, meaning the trade is always the same flat fee. Along with which is the cheapest to trade with? I’m considering Zecco and Tradeking. Thanks
I would go with Scottrade..And if you have any cash to play with check out this stock greaing up for huge news….
Kelyniam Global, Inc to revolutionize the medical industry with FDA Approved Polymer products.
This week’s pick is KLYG – Kelyniam Global, Inc. This company could be the next mover in the market place. This is why:
Video Link : http://www.youtube.com/watch?v=C4Qu6FnkCw0&eurl=http%3A%2F%2Fwww.investmentnation.com%2F&feature=player_embedded
CEO Interview Link: http://forums.investmentnation.com/recent-interviews/904-klyg-kelyniam-global-inc-initial-interview.html
KLYG recently received a technology research grant from the State of Connecticut and has made significant advancements in the use of Bio-CADCAM technology such as providing near perfect replicated Cranial implants to replace damaged bone structures.
On Tuesday September 1st, they announced in a press release Kelyniam Global, Inc. Breaks the Mold and Addresses Share Holders on Investment Nation.
Mr. James Ketner, President and CEO, stated, “I am pleased to have done my company’s initial interview with Jeff Montange, CEO of http://www.investmentnation.com The website has ever-growing popularity and is one of the least biased I’ve seen in terms of content. Our plan is to keep share holders better informed through transparency and from what we have seen so far, Investment Nation is the best place for Kelyniam Global to achieve this. This is also why we have another interview scheduled for the 3rd week of September in which share holders may participate.”
KLYG’s business model is quite ingenious by Utilizing Kelyniam’s existing relationships with Doctors , medical facilities and universities worldwide for Kelyniam’s FDA APPROVED POLYMER’s TO MAKE ARTIFICIAL HIPS, BONES and CRANIAL IMPLANTS.
We believe once discovered in the market place that brokers, hedge funds and bank institutions will pick this up. One hedge fund already has taken a position within Kelyniam.
Just imagine, Doctors being able to use Kelyniam’s FDA Approved Polymer products to cut the wait time for Implants by 90%, eliminate potential complications before and after surgery and speed up patient recovery time by eliminating the use of hammers, saws, pins , titanium rods and other items during invasive surgery.
KLYG is one of the first and only companies looking to introduce its FDA Approved Polymer products to the medical industry on a “Massive Worldwide” scale.
One more thing… We are so confident in this pick. We’ve already purchased 200,000 shares on the open market. Alongside all of our subscribers, We are putting roughly $80k on the line. The reason We’ve done this is because then we will have the ultimate proof. That our picks work.
http://wallstreetawareness.com/
Interactive Brokers
they serve you well with penny stocks. However they are designed for traders that don’t need help. So if you need someone to hold your hand with trades it’s not the place for you.
you can check out their details here.
http://www.interactivebrokers.com/en/accounts/fees/commission.php?ib_entity=llc
for the US their penny stocks are 0.005 per share with a max of 0.5% of the trade value.
In other words. You never pay more than 0.005 of the trade value.
Ameritrade and Scottrade are also worth considering. Both of these should let you trade the entire universe of Pink Sheets and OTCBB stocks, the two major penny share categories, as well as any listed penny shares.
Be wary, though. A large proportion of penny stocks are promoted via spam emails by the people who hold the majority of the shares after having bought the shares for next to nothing; when they have exhausted the market for the shares, the price collapses and they move on to their next fraud.