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will Etrade go bankrupt?! NO CAT CONTENT IN HERE
should i buy or what
some are saying they wont go bankrupt, and Etrade says they will even have a high profit margin within the next few weeks what would you guys suggest http://finance.google.com/finance?client=ob&q=ETFC |
Honestly, I haven't followed the online broker wars for a while.
Given the overall economy, I am not convinced that etrade would be a good buy. They are also lagging well behind other firms with larger volumes and numbers of accounts. When TD and Ameritrade merged, I think they set the benchmark for level of expectations among online brokers. I don't know how profitable the investment sector can be with a falling dollar, stagnating economy and general anxiety from large institutional investors and other countries like China. If I had the money to toss at it and consider it a calculated gamble, I might do it. But if you're counting on that money down the road, I would hesitate. Two cents that probably isn't worth half a cent. |
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