QUOTE(GHz @ Oct 16 2009, 06:46 PM)
For me it depends, if buy lower price share yes I agree definitely loose but if you higher price shares such as GOOG. current price ~$530, brokerage fee $6, only need to increase to 536 to break even. its easily achievable, eg premarket today alone GOOG up $19.
You're right. I totally forgot about shares which are on the other end of the scale.
Though I wonder, who's rich enough to buy one share of BRK.A.

Added on October 16, 2009, 9:18 pmEarnings: Fri. Before Open
* Bank of America (BAC): Q3 EPS of -$0.26 misses by $0.05. Revenue of $26.04B (+32.7%) vs. $27.61B. Adds $2.1B to credit loss reserves. "Obviously, credit costs remain high, and that is our major financial challenge going forward. However, we are heartened by early positive signs, such as the leveling of delinquencies among our credit card customers." (PR)
* GE (GE): Q3 EPS of $0.27 beats by $0.07. Revenue of $37.8B (-20%) vs. $40.03B. CEO Jeff Immelt on GE Capital: "While it remains a tough environment for GE Capital, we are seeing signs of stabilization. Every segment at GE Capital was profitable with the exception of Real Estate, which is experiencing a tough environment but where we believe the risks are well understood and manageable." (PR)
* First Horizon National (FHN): Q3 EPS of -$0.24 beats by $0.08. Revenue of $495M (-6.4%) vs. $504M. (PR)
* Halliburton (HAL): Q3 EPS of $0.31 beats by $0.05. Revenue of $3.59B vs. $3.42B. "Overall market dynamics remained difficult in North America... Although I am more confident in our view of the international markets than I was last quarter, project deferrals together with pricing pressure, driven by our customers’ desire to reduce input costs, cause us to continue to expect a softer near-term margin outlook for international markets." (PR)
* Mattel (MAT): Q3 EPS of $0.63 in-line. Revenue of $1.79B (-8.2%) in-line. ""As expected, revenues continue to be challenging this year due to the overall economic environment, retailers tightly managing inventory, foreign exchange rates and the lack of entertainment-inspired toy lines." (PR)
This post has been edited by mH3nG: Oct 16 2009, 09:18 PM