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  1.    #1  
    I know some ppl out there are going to say i'm a fan boy or something like that, but I think now is a good time to buy stock in Palm. Alas, I have no idea where to start. I'm not looking to start a huge portfolio or become a day trader, I'd just like to invest in something I believe in and they are wicked cheap right now.

    Any tips would be nice!

    Thanks, Tim
    Iím a lucky man to count on both hands
    The ones I love..

    Visor Pro -> Visor Edge -> Treo 180 -> Treo 270 -> Treo 600 -> Treo 650 -> T|T2+SE T68i -> Treo 600 -> T-Mobile MDA -> Treo 755p -> Treo 800w -> Treo 755p -> PALM PRE -> Palm Pre 2 -> HP Palm Pre 3

    Twittering about
  2. #2  
    i am very interested in this as well. I think Palm right now is a bargain.
  3. tdcrone's Avatar
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    #3  
    It's pretty easy if you're in the US. You need someone to broker the transaction, and one of those guys screaming on the floor of the NYSE. You'll get charged a fee to buy and to sell, and/or a percentage of the buy and sell price. Many of the traditional investment banks will have a minimum, also.

    The easiest way is to open an online investing account, or ask your bank if you're an in-person person (there are other benefits to the live brokers at banks but it's expensive). If you're big into trading you might prefer Ameritrade / eTrade / ScottTrade / (Google for more), I'm not so I use Sharebuilder for cost reasons. You have to queue buy/sell orders on SB days in advance, though they will let you buy partial shares (or at least used to allow it) to round out your contribution.

    When you sell you will owe capital gains on the difference between your buy and sell price, so keep a copy of your buy order in your tax files for the year. You can also take a capital loss if your investments go south. This is one thing the IRS makes pretty easy if you read the directions and file the regular 1040.

    And as my father said, only invest money you can live without, because you really can go from all to nothing before you can get to a phone and/or computer.

    Good luck,
    -TC
  4. #4  
    Quote Originally Posted by tdcrone View Post
    It's pretty easy if you're in the US. You need someone to broker the transaction, and one of those guys screaming on the floor of the NYSE. You'll get charged a fee to buy and to sell, and/or a percentage of the buy and sell price. Many of the traditional investment banks will have a minimum, also.

    The easiest way is to open an online investing account, or ask your bank if you're an in-person person (there are other benefits to the live brokers at banks but it's expensive). If you're big into trading you might prefer Ameritrade / eTrade / ScottTrade / (Google for more), I'm not so I use Sharebuilder for cost reasons. You have to queue buy/sell orders on SB days in advance, though they will let you buy partial shares (or at least used to allow it) to round out your contribution.

    When you sell you will owe capital gains on the difference between your buy and sell price, so keep a copy of your buy order in your tax files for the year. You can also take a capital loss if your investments go south. This is one thing the IRS makes pretty easy if you read the directions and file the regular 1040.

    And as my father said, only invest money you can live without, because you really can go from all to nothing before you can get to a phone and/or computer.

    Good luck,
    -TC
    No NYSE traders involved with PALM. It's a NASDAQ stock - computerized market with no human intervention. (Pardon my correcting this - I'm a former NYSE specialist. )

    Ameritrade is probably the easiest and cheapest online trading account to create. You need $2000 to start the account and they charge $10/trade regardless of size.
  5. UserOne
    UserOne's Avatar
    #5  
    Another option if your looking for a lower cost alternative is Scottrade . You will need $500 to start (unless your trying to do a margin account) and they charge $7 / trade .

    Just another option.

    Oh and one more thing...
    Quote Originally Posted by tdcrone
    And as my father said, only invest money you can live without, because you really can go from all to nothing before you can get to a phone and/or computer.
    ^Very wise words... I'd definitely pay heed to them.
  6. #6  
    you sure that you want to buy stock right now?
  7. #7  
    Yes They Did... Analysts Downgrade PALM

    Usually that's not a good sign.
  8. #8  
    I know bunch of ppl want to sell off owned Palm stocks by cheating others to buy in.

    I won't be surprised to see Palm is on the next bailout list and even go unlisted eventually.

    Without real innovation and customer care to compete with all those giants at the door, Palm will go away very soon...
  9. #9  
    lol
  10. #10  

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