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 US stock discussion v4, Bulls-Bears HUAT AH!! Pigs get slaughter

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Ken.B
post May 2 2013, 05:32 PM

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Hi Sifus,

May I know whether there are any disadvantage in buying shares in odd lot in US. I plan to hold it for the long term (10 years +).

I've read that Sogotrade is good for discount broker. May I know what broker you all are currently using?

Thank you! notworthy.gif

This post has been edited by Ken.B: May 2 2013, 05:33 PM
Ken.B
post May 3 2013, 01:24 AM

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QUOTE(danmooncake @ May 2 2013, 07:54 PM)
What does "odd lot" means? Can you provide example?  hmm.gif
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Thanks Danmooncake for your help smile.gif

Odd lot means 1 to 99 shares. 1 lot = 100 units of shares.

I've read that in Malaysia, if you sell 20 units, there must be a buyer who wants to buy exactly 20 units. So it is hard to sell it. Not sure if this applies to US Market or not.

Ken.B
post May 4 2013, 11:17 AM

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Thank you for your guidance, Danmoon and Yok! smile.gif

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