enyands wrote:gatoho wrote:jerry wrote:I agree that you can instead BUY odd lots cheaply and sell later at a premium!
How do you buy odd lots? I need Stanchart, KCB
Unless your broker hooks you up with someone selling odd shares to make yours even in multiple of 100 ama transfer to someone for exchange of money ....just guessing
It is as easy as 1, 2, 3.
Just place the order on the odds board (online - You will see the dropdown) and you get your shares pap! If you don't trade online, just make the order the normal way you do. Your broker definitely knows there is a normal board and odds board and will do the rest.
There is nothing special. It is that easy.
And it is not true that they wait for other odds to make them 100. The system is automatic! If for example you order 89 shares and someone is selling 23, you get the 23 (if prices "match"), then 14, then 16 etc. till your order is fulfilled!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.