I tell ya'. The market is just so bizarre... A stock never moves when you expect it to. At the very least, I would look to see if volume is uncharacteristically large today, and guess that the stock will move on some news-less, random day in the near future, after the so-called "smart money" completes its due diligence (hey, I can hope, can't I?).
And I couldn't agree with Brooks more -- that was such a high-profile, FYI-type of piece. Forgetting the article, even -- the picture is worth a million bucks. It just puts this budding industry into perspective from a user's point of view and lights a fire under these moronic banks that assume they know what's best for their customers.
Hat's off to Fido, First Union, Wells Fargo, Prudential, Schwab, E-trade, NetBank, MS Dean Witter, etc., for winning customers away from traditional banks that don't have a clue about how to satisfy their customers' wants and needs.
Just my ever-humble opinion...
RK |