You mean to say that a couple of self-serving
interviews and homegrown PR releases is going to turn this
puppy around mid-August?
This entire market
segment is being flushed out. The significant rises you
have experienced in this stock earlier this year and
late last year was a result of what I would call
segment buying Dejour. The OLB segment (SCH, E-trade,
AMTD, etc.) ALL experienced inflationary price
increases at hyperspeed levels due to many factors.
Primarily the stocks reacted like internet stocks and were
As we speak, the OLB segment is
being killed (you know the players). This stock will
only recover when the entire segment recovers. I don't
think it has the strength to be a lone-wolf.
out of a 45 day quiet period that began 45 days
before June 26 and will end 45 days after June 26.
During this quiet period Ameritrade does not give
interviews or do anything unusual to promote its stock in
accordance with the SEC guidelines. I have been assured by
Investor Relations that AMTD will be actively pursuing
interviews on CNBC and CNN-FN, etc. and actively promoting
this stock once out of this quiet period. If I were
shorting this stock, I would cover real, real soon. Once
the quiet period is over, sometime in mid-August, I
think AMTD will take off. Most of us know from
experience how AMTD can rise sharply in just a matter of
days. One good interview on CNBC could make the
professional broker or listens to a brokerage
firm analyst is often headed for disaster. Why? The
brokerage house analysts have the objectives of their firm
in mind. Often they recommend a stock because their
company has already bought a huge quantity at discount.
Often they downgrade a company and then shortly
afterwards their brokerage house that pays their salary buys
the stock cheap. It is legal and not even considered
unethical. Merrill LYnch has done it. While their analyst
was saying bad things about a stock whose symbol is
AKLM a year ago, one of their mutual funds was buying
it up cheap.
I have uncovered much useful
information from the message boards, information that my
stock broker could not give me. If you can recognize
the reliable, meaningful posts that disseminate
useful information from the pack of jerks who have
nothing else to do during the day(unemployed?), you can
relay as much on message boards as on the professional
As concerns Bill Durham's(First Boston)
speculations about declining volume for the third quarter for
on-line brokerages, I wouldn't be a bit surprised if Mr.
Durham's business associates were buying huge amounts of
online brokerage stock at basement prices and
remembering Bill in their prayers for getting the price so
low. However, Mr. Durnham did state that the price
would rebound around late September or mid October. So
this is a good opportunity to buy. I expect to see
large block purchases of AMTD and EGRP as the price
Meswsage boards are wonderful
sources for financial information as long as you know how
to sift through the posts to find the news.
double check your confirm #`S by calling
amtd......DO NOT BELEIVE E-MAILS OR AMTD SOFTWARE.......
ameritrade has been known to rescind trades YOU THOUGHT YOU
MADE AND THEY CONFIRMED YOU MADE BUT THEY CAN AND WILL
REVERSE PREVIOUS CONFIRMS
YOU COULD OF SOLD AMTD
last week at 29 15/16.....whew are you smart........OH
NO YOUR NOT.....AMTD CAN AND WILL NOT HONOR THAT
TRADE NOW YOUR STUCK WITH A 33%LOSS
THIS IS A
FACT AND DOES HAPPEN WITH AMERITRADE WATCH OUT!!!!!!
Just my opinion based on TA. TA has served me
well in the past to select entry and exit points, or
to decided whether to hang on or fold.
nor I am always right, but I have been more right
than wrong this year. Time will tell if my call is
I don't try to pick absolute tops or bottoms,
that's a fools game.
Good Luck to
I always go by the theory "Buy a good
and wait for the price to go up. If the
doesn't go up don't buy it."
We all know that
AMTDs stock does go up.
I can hold as long as
necessary. Have fun shorts
I'll check back in in two
months. Hope you've covered
well before then.