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Type: Posts; User: Newman

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    Yes, I understand that the bigger the trade, the...

    Yes, I understand that the bigger the trade, the bigger the problem.

    I just wanted to point out that even a relatively small trade in Sirius would constitute huge fees.

    Let's take your 10000...
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    It matters little with a stock like Sirius. ...

    It matters little with a stock like Sirius.

    Considering 1000 shares costs 160 bucks, the commission on it would be $15 bucks, nearly 10% of your trade.

    With Scottrade, I could be the same the...
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    I use scottrade as well. You can buy 5 shares or...

    I use scottrade as well. You can buy 5 shares or 5000 shares, fee is always $7. As was said above, with a stock under $1, you add the 0.5% of the principal to the $7, so it is total value based, not...
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