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Message: Cost of trading penny stocks

Cost of trading penny stocks

posted on Jul 16, 2008 03:59PM

I trade through Vanguard. It costs me 2 cents/share to get in and 2 cents/share to get out on any SP < $1.00.

At today closing price of 19 cents that would add a 21% cost for in and out trading.

Does anyone have a cheaper trading firm for penny stocks?

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