penny stock innovations
Bob Morris
bobmorris at mediaone.net
Tue Apr 24 22:01:08 PDT 2001
>Mr. Nelson says he shares his customers' disappointment, because he and his
partner bought 35,000 REII shares at seven cents each before recommending
them online.
Let's see, if the bid/ask spread was 1 cent (and how could it be less), then
they were already down 14% just by making the purchase. And if the
commission was $50, then that makes them 16% down.
Brokers love customers like this.
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