Good Trade! I boxed at $17 1/4.
And I agree, JBOH is a no-brainer, but not exactly like you may think.
EGRP and AMTD are indeed way overpriced. However, they are established, name brand players.
Who are the on-line booksellers? AMZN, BKS and Borders. Who is number 17? I have no idea.
Pete, you have your choice of on-line brokers. You are going to put a big chunk of your life savings in their trust. Are you going to chose Discover, DLJ, DATEK, or ... JBOxford? Limited cash, bad rep. on the street, and a tarnished past? Sure, JBOxford may work past those- but the others are don't even have to deal with it.
For those who had JBOxford accounts months ago, and put money on the company, my hat is off to you.
But when the bubble bursts, JBOH drops like a stone. Who has the balls to watch it happen again and hold down to $7?
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