JC Penny

JCP has been severely oversold over the past 30 days. Early morning action has drawn me back into the counter. Went in long twice for a short term trade. As a big picture person I was never into the details like the brokerage, thinking that it is just a slight road bump on the autobahn of trading. To my dismay, I found that I’ve been charged $124 for 5,000 shares each way! Which means $500 over the course of 2 trades and 15 mins!

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