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Author: robbglass One star, 50 posts Global Fool Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 195  
Subject: Re: Trading pink sheets Date: 12/2/2010 10:19 PM
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I submit orders to TradeKing who advised me that LTOUF trades very lightly ( I could only purchase perhaps 50 shares available that day ) and that they require an additional trading fee of $75 to their standard $4.95 transaction fee.

Having managed my executions proficiently for several years, TK switched its backroom operations to Penson. TK has worked through this transition somewhat awkwardly, but has resumed its previous efficiency.

As I am not fond of paying too much more for a stock than my average for that stock, I've not purchased more LTOUF from TK/Penson and do not know of their current requirements.

I principally buy and hold stocks. Options amount to perhaps 5% of my portfolio's value. However, their returns have generally been surpassed by my equity appreciation. Nonetheless, I look forward to dabbling in options more productively.
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