Thread: myspace stock
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Old 06-16-2005, 07:10 PM  
wallst
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Join Date: Aug 2004
Location: South East
Posts: 1,621
Quote:
Originally Posted by NTSS
I don't have a broker. How do I buy?
nice that you asked, cuz i can help you out. here's what you need to do.
cough up about five hundred bones or so and open up a scottrade account. you buy, you sell, round trip costs you 14 bucks.

if this stock is trading at eight bucks (last time i checked), you can be in for sixty shares on 500 bones minimum.

this can apply to any stock that you own. just simply divide your cash stash by the price of the stock you want to buy. if the price goes up or down, you now how much you win or lose (the # of shares that you own). so that's the shizzy.

just by doing that you can play and flip trades all you want. just dont throw your whole nest egg in the trade account if your smart. you can lose your ass in a hurry just as fast as you can win big.

stocks are fun when you can play it right. if you know the math, it can work for you. do the homework.

full disclosure, i suggest scottrade simply because they are the cheapest broker i know just to get started.

this has been a big trade thread. i hope this has been helpful. :food-smil :food-smil :food-smil
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