Jan 27, 2012 Why Pennaluna/PennTrade Is My Brokerage Firm Dudley Baker 321gold ...s

Why Pennaluna/PennTrade Is My Brokerage Firm

Dudley Baker
Posted Jan 27, 2012

With the recent discussions in the media of the risk of having your shares held by your broker we wanted to share with you why we are more than comfortable with our current 'go-to' brokerage firm, Pennaluna & Company based in Coeur d'Alene, Idaho.

Ron Nicklas, President of Pennaluna/PennTrade has allowed us to share with you the details on Pennaluna/Penntrade and the issue of Safety of Accounts.

In full disclosure, they are paid subscribers to our service and we are not being compensated in any way for distributing this information, just providing a valuable service for our worldwide followers.

Pennaluna is a full service broker, been in business since 1926, is privately owned and discourages margin accounts. We understand Pennaluna currently has only a handful of customers with margin accounts.

PennTrade is the online division of Pennaluna which is what we use and there are zero margins accounts with PennTrade.

All clearing operations are handled by National Financial Services (NFS), a Fidelity company.

With safety of our accounts as a #1 priority, we feel very comfortable with PennTrade. Commissions are a flat $29.95 per trade with the 10th trade free. A great positive for our subscribers is you can purchase all of the U.S. stocks as well as the Canadian stocks and warrants, online, which makes life easy.

We encourage you to read the entire Safety of Accounts with their take on the financial situation and risk issues, informative as well as entertaining.

As Bob Moriarty here at 321gold.com likes to say, “It’s your money, so perform your own research and due diligence”.

For those readers unfamiliar with our services:

PreciousMetalsWarrants.com provides:

An online database for all warrants trading on the natural resource companies in the United States and Canada. Our database is the most comprehensive database that you will find.
"A Look Over My Shoulder" - This is my entire personal portfolio and I provide an audio update each Thursday evening and emails as I buy or sell securities or warrants. Each subscriber can decide whether to follow me but this is your decision and we suggest that subscribers do their own due diligence before buying any securities.
Insiders Trading Data: We track the insider trading on the Canadian Securities and issue BUY and SELL alerts as we deem necessary. We have a great track record of approximately 108% gains on all closed trades.

We encourage all readers to sign up for our free weekly email.

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Jan 26, 2012
Dudley Baker
Guadalajara/Ajijic, Mexico
email: support@preciousmetalswarrants.com
website: www.preciousmetalswarrants.com

Dudley Pierce Baker is the owner and editor of Precious Metals Warrants. PreciousMetalsWarrants provides an online subscription database for all warrants trading on junior mining and natural resource companies in the United States and Canada and a free weekly newsletter. Jeff Baker has recently joined us and will be providing editorial comment and marketing assistance to our services.

Disclaimer/Disclosure Statement: PreciousMetalsWarrants.com is an investment advisor and any reference to specific securities does not constitute a recommendation thereof. The opinions expressed herein are the express personal opinions of Dudley Baker. Neither the information, nor the opinions expressed should be construed as a solicitation to buy any securities mentioned in this Service. Examples given are only intended to make investors aware of the potential rewards of investing in Warrants. Investors are recommended to obtain the advice of a qualified investment advisor before entering into any transactions involving stocks or Warrants.