boyoflondon wrote: ↑Why bother? Your $22k is going to get you roughly 35 shares and how much profit would that generate you IF (big IF) the stock goes up?
Always think of the saying "never put your eggs in one basket". If you want to grow your account/generate some income and keep it safer, invest in some blue chip dividend paying stocks.
Help me with this. Why does it matter how many shares he can buy? If the stock is $6/share, he should be able to get ~3500 shares. If the stock goes up 10%, he's still made the same amount.
I won't argue with the diversification but in this case, the op would make or lose the same amount whether he bought 3500 @ $6 or 35 @ $600.
_ Go Flames!