Maybe AMTD caused the run up. If so, it could be just the beginning. I don't think the investors really know the product.
I have both eTrade accounts and AMTD accounts, AMTD sucks. One example is the interest paid on your cash, apples to apples, Etrade was paying 4.7%, AMTD 3.0
Etrade has execution problems some times, more than we like to see but oh my! you should see the AMTD site, cheap looking, no services, phone system always busy, they once bought me 1000SPY when the order was 100SPY, they once told me an order was cancelled, the next day the AMTD pc calls me and confirms the buy. If AMTD's stock can run up, E trades should too and then some. E trade beats AMTD every way but in the commercials, AMTD has great commercials but that's it.
jim |