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Old Oct 12, 2011, 8:44 am
  #166  
 
Join Date: Feb 2011
Location: Swamps of Jersey
Programs: US Silver, Club Carlson Gold
Posts: 376
Opened my account on 9/29, miles posted the very next day. Funded the account.

Opened my wife's account on 10/4, no miles yet. Funded in same manner as my account.

E-mailed SB support on 10/10, got this reply:

We're on the case. We've taken a look at your question about your accounts US Airway miles, and found it needs some additional research. When one of our sleuths finds an answer, we'll get back to you ASAP. Thanks for hanging in there!
kendenton is offline  
Old Oct 12, 2011, 10:42 am
  #167  
 
Join Date: Sep 2010
Posts: 1,900
No miles yet. Going to call on Friday. If I need to make a trade, so be it. The price to trade may be high, but oh well. Still can be a $20 buck hit.
surftb15 is offline  
Old Oct 12, 2011, 11:18 am
  #168  
 
Join Date: Dec 2009
Location: SFO
Posts: 71
Originally Posted by Nikolaos
$5 is not enough for a trade!! The commission only is around $9!!
If you do a one-time automatic investment on the first Tuesday the commission is $4. I funded my account with $5 and am now the proud owner of 1/2 share of Sirius Radio. Just make sure it's a one-time only trade.
mfidelity is offline  
Old Oct 12, 2011, 5:58 pm
  #169  
 
Join Date: Dec 2009
Location: ROC
Programs: Anything CC gives me
Posts: 1,118
Originally Posted by mfidelity
If you do a one-time automatic investment on the first Tuesday the commission is $4. I funded my account with $5 and am now the proud owner of 1/2 share of Sirius Radio. Just make sure it's a one-time only trade.
you can do 1/2 a share? what do I do? after selecting SIRI, put $5.00 total which includes the $4 commission? And since SIRI is priced at $1.71 as of today, it will only give me 58% of one share? This concept is new to me, lol. I've been wanting to get in on SIRI, I guess this will help me pull the trigger, for less than a share, haha.
booyaa is offline  
Old Oct 12, 2011, 6:43 pm
  #170  
 
Join Date: Dec 2010
Programs: US CP, MR Plat, SPG Plat, HHonors Gold, National X
Posts: 917
Originally Posted by surftb15
No miles yet. Going to call on Friday. If I need to make a trade, so be it. The price to trade may be high, but oh well. Still can be a $20 buck hit.
I suggest you DO NOT call them, because the 2500 miles are for opening a new account AND trading. The only thing you can achieve by calling is to get the hits/miles of other people revoked..
Nikolaos is offline  
Old Oct 12, 2011, 7:06 pm
  #171  
 
Join Date: Feb 2003
Location: On strike
Posts: 8,135
Originally Posted by Nikolaos
I suggest you DO NOT call them, because the 2500 miles are for opening a new account AND trading. The only thing you can achieve by calling is to get the hits/miles of other people revoked..
+!

The fastest way to make yourself a FT pariah is by calling and lousing up a good deal that was previously flying under the radar. Don't be that guy.
beltway is offline  
Old Oct 13, 2011, 12:19 pm
  #172  
 
Join Date: Jan 2011
Posts: 749
Just pulled this off of FW:

Five free automatic investment trades
Use promo code TAF5ANL*073t0C

I'll be funding with $1 and executing 1 auto trade on Tuesday of next week.
Stubtify is offline  
Old Oct 13, 2011, 2:48 pm
  #173  
 
Join Date: Nov 2009
Location: SE coast USA
Programs: US, AA, AM, BA, HH, SPG, PC, Carlson, Marriott, Choice
Posts: 306
Originally Posted by Stubtify
Just pulled this off of FW:

Five free automatic investment trades
Use promo code TAF5ANL*073t0C

I'll be funding with $1 and executing 1 auto trade on Tuesday of next week.
Thanks for that! I have funded one out of three, but have not traded. I was planning to follow through on all because I'm afraid they might pull my hits back later... plus it just seems the right thing to do. Your timely post just helped me save some bucks.
aglasgow is offline  
Old Oct 13, 2011, 3:00 pm
  #174  
 
Join Date: Feb 2011
Location: Chicagoland
Posts: 368
Originally Posted by Stubtify
Just pulled this off of FW:

Five free automatic investment trades
Use promo code TAF5ANL*073t0C

I'll be funding with $1 and executing 1 auto trade on Tuesday of next week.
Do you have to do anything to stop the trades after 5 weeks, or does it do that automatically?
Lyssa is offline  
Old Oct 13, 2011, 3:55 pm
  #175  
 
Join Date: Jan 2011
Posts: 749
Bad news, I don't think the code will help us save any money:

Looks like the minimum is either $4 or $5 regardless of the free trade. They say you need to at least cover the commission. (even if the trade is free).

So if you're looking to invest in something anyway, and putting a good chunk of change in on it then the free trades will help. But if you trade just a token amount there's really no way to sell and get your money back, as selling the shares costs a full $10.

I trade with Schwab, so for me I'm glad the US airways promo is allowing me to try out Sharebuilder, but so far I don't like it too much. $10 is high for a no frills, and their options prices are even worse.
Stubtify is offline  
Old Oct 13, 2011, 5:10 pm
  #176  
 
Join Date: Sep 2010
Posts: 1,900
Originally Posted by Stubtify
Bad news, I don't think the code will help us save any money:

Looks like the minimum is either $4 or $5 regardless of the free trade. They say you need to at least cover the commission. (even if the trade is free).

So if you're looking to invest in something anyway, and putting a good chunk of change in on it then the free trades will help. But if you trade just a token amount there's really no way to sell and get your money back, as selling the shares costs a full $10.

I trade with Schwab, so for me I'm glad the US airways promo is allowing me to try out Sharebuilder, but so far I don't like it too much. $10 is high for a no frills, and their options prices are even worse.
Options trading isn't what Sharebuilder is going for though. They don't care how much they charge, because most customers won't execute that trade.
surftb15 is offline  
Old Oct 13, 2011, 5:41 pm
  #177  
 
Join Date: Dec 2004
Location: SEA
Posts: 1,887
I don't plan to sell my share (unless it increases 500%). Bought a share of Office Depot for ~$2 + $9.95 commission. Cheap secure hit.
HikerT is offline  
Old Oct 13, 2011, 8:24 pm
  #178  
 
Join Date: Sep 2010
Posts: 1,900
Originally Posted by HikerT
I don't plan to sell my share (unless it increases 500%). Bought a share of Office Depot for ~$2 + $9.95 commission. Cheap secure hit.
That is not a bad trade. Cheap hit.
I will do the same, I just have a mental barrier over the commission price.
surftb15 is offline  
Old Oct 13, 2011, 8:27 pm
  #179  
 
Join Date: Dec 2010
Programs: US CP, MR Plat, SPG Plat, HHonors Gold, National X
Posts: 917
Originally Posted by HikerT
I don't plan to sell my share (unless it increases 500%). Bought a share of Office Depot for ~$2 + $9.95 commission.
Good luck with that!! I bought National Bank of Greece (quite a bargain this period)!!
Nikolaos is offline  
Old Oct 13, 2011, 8:40 pm
  #180  
 
Join Date: Feb 2003
Location: On strike
Posts: 8,135
Originally Posted by Nikolaos
Good luck with that!! I bought National Bank of Greece (quite a bargain this period)!!
A veritable trapeze act.
beltway is offline  


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