Sonic Money is a sounding board for my personal investments strategies and stock research. It will be updated in real time. As I make moves in these financial waters you will be able to either join in or watch from the sidelines. Either way my goal is to make money every day through picking long term stock winners, shorting stocks that shouldn't be posting gains, betting on sectors that are experiencing tremendous growth, and posting profits that make people take notice.

Monday, December 17, 2007

Scottrade back online 10:13 - Could it be Etrade (ETFC)

Can someone please tell me how many millions Scottrade just lost? I would have to start investigating E-trade. I know this stock has been pretty beat up and I know they have a huge debt (billions) that has made this stock trade in the penny stock category but after seeing Scottrade blow up for an hour, I have to think that there might be a slight migration over to E-trade...

Maybe the hack is E-trade (ETFC) ? It wouldn't be the first time a company tried some corporate espionage. Wouldn't that be funny if Scottrade investigated the hack attempt and found out it was Etrade ?

Just wondering and you can't sue people for wondering!

p.s. My buddy from Florida who just visited with me highly recommened E-trade. I was going to label it a good stock pick before this happened after some preliminary research .