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I just establish a position in Intel using (the first time I bought a stock through a broker for $0 commission).

We were discussing the cheapest Canadian brokers on the Canada-DRIPs board. The consensus was about $25 trades with various brokers. Then we had one lady post in.

It seems this lady went to several brokers and pretended to be the little naive old lady. She'd tell the broker she'd never traded before and was scared about the process but had been thinking of trying it but oh! was so scared etc. The brokers, hoping to generate future business, would then offer to give her a free purchase or two to try it out.

"Oh! but I'm scared and would really want the share in my hands because I'd be afraid about what would happen to it."

"Oh!" would say the broker, "We could do that for you too."

She said she got 5 purchases out of one broker before he dumped her.

Now I'm not advocating doing this but I do think it's a poetic turning of the tables!


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