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-   -   will Etrade go bankrupt?! NO CAT CONTENT IN HERE (https://gfy.com/showthread.php?t=785562)

tehHinjew 11-18-2007 12:31 PM

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

JohnnyJames 11-18-2007 12:37 PM

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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