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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (2267)5/24/2000 12:29:00 PM
From: Larry S.  Read Replies (1) | Respond to of 5499
 
While i respect the opinion of most of the posters here, i have not been able to understand the appeal of the olbs. NITE, AMTD, EGRP etc are all in serious downslopes without the fundamentals to justify investing in them, imo. Yes, once the bull market returns, these will be attractive investments, particularly NITE, but right now, the huge volume of daytraders in the bull market has been cut significantly as margin calls, loss of capital and confidence have significantly reduced the volume. Many people opened AMTD or EGRP or other OLB accounts, did a few trades and now have accounts with small positions, no trading and the olb have to send out monthly statements, dividend checks, etc. where the beef? larry



To: JakeStraw who wrote (2267)5/24/2000 2:07:00 PM
From: Esway  Read Replies (2) | Respond to of 5499
 
Thanks for the article Jake, yep had my throat cut wide open on this sector but in the next 5 or so years should see a nice return on the investment IMO. Online trading and execution is the future, full service with 100 to 300 buck commissions are becoming a way of the past IMO. Will just have to tuck the AMTD,EGRP,NITE,TWE under the mattress and wait for the future to play out or the consolidation to hit this sector in a big way.