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In the old days, there was an odd lot differential. The people who broke the round lots to sell you less than 100 shares collected a $1/8 or 0.125/share differential both way. When you bought and when you sold.

But not anymore. Now you get the same prices as the round lots. Of course commissions are usually fixed. Buyers of single shares are at a disadvantage when you calculate commissions as a percent of the investment.
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