Gary McCamey

Schwab, E*Trade: Monthly Activity Comparison and the Industry Average

I've been an E-trade member for many years, and the most money I"ve made in one year is a bit over $100,000. Now I"m a small trader and always have been. I've stuck by E-Trade through this whole thing and I'll make another $100,000. thanks to those guys shouting, "The sky is falling, the sky is falling". Thanks! I'm a guy who never made over $28,000. in a year in his working life. I only became rich when I retired, AND, when I became a member of E-Trade. To the working staff of E-Trade, ignore the guy who says ya'll are incompetent, surely he's only trying to discourage investors until he can buy more shares. I appreciate each of you and the many times ya'll have bought shares for me cheaper then I had bid to pay. The real people appreciate ya'll. God bless you all, Gary.

Read This Before Buying E*Trade

I haven't read these comments and reports in a week or so. Actually, I bought another stock for the first time in about 10 years. I've made profits buying ET for the past 10 years and now I'm losing a bit on one of the ones I just bought on a spur. BUT, I appreciate all you folks who answered his article. Especially the one who asked if he was with Citigroup. I've vowed never, no never to do anything that in any way involved Citigroup. They are no longer in my vocabulary. That guy Bhailia, or however it's spelled, when I read his articles I thought, "What a jerk". Then I marked Citigroup. I stated then that I will always do exactly the opposite of what Bhailia says to do. I did right after that and made a bunch, for me a bunch. Now, what I'd like to know, is the guy who wrote this article connected in any way to Citigroup???? If so, I"m sorry for wasting my time on his trash. Anything connected to Citigroup is trash, whether it's the writer or the writers opinion. Now, is he connected in any way to Citigroup. I don't know all those terms used, 'DD', and others, for I'm not educated in business. However, I am one of those loyal customers of ETrade. I only know what I've experienced in the stock market. I've found that when they run around squeeling, 'The Sky is Falling', it's mostly an over statement. If these analyst say it's going to last 3 years, it's only going to last a few months. I've made thousands of dollars by not listening to analyst, or doing the opposite of what they say. What really irritates me is that these analyst, (due to being partial, paid liars or just ignorant), write these articles that are lies or ignorant statements, and some poor dumb guy like me who hasn't been in the market long enough to understand that there are some real phonies, or jerks who write articles like this because they want to help their failing company like Citigroup, or because they just like to argue and show an opinion so different he/she's bound to get an argument by intelligent people who know better. But, all it does is cause some poor guy or gal who is trying to invest and make a few dollars, just a few, and those people in a sincere effort to do what seems best, read and believe the article and sell their shares even though it causes them to lose their money. I appreciate you folks who know what you're talking about, listen, I appreciate you for commenting on this man's article and showing by your statements he didn't do his job professionally. A man who was a Democrat once told me, "Gary, I'd vote for a jack ass if it ran on the Democrat ticket". I'm neither Democrat nor Republican, but I stand by this, "A man who'd vote for a party, and not for America is a fool". I prefer the word, 'Traitor'. Well, in the same sense, a man who'd mislead good folks by writing words or opinions that mislead or LIE, he/she is a traitor to the human race. That really P-----S me off. Captain Gary

E*Trade Will Recover

I really appreciated your article. It said what I've been thinking for a long time. I've owned stock in Etrade on different occasions for many years. I started doing the stock market paying $200. to $500. a trade, each way, and now, $5. is so good. I'd pay more just because they are far better then any other brokerage, and I have looked. I'm glad to hear the positive thoughts of others as I was beginning to think I was the only one who appreciated ETrade. I've day traded for about 6 or 7 years and done good for a man with no knowledge of the market. But I've decided to hold on the the shares of ET that I now have, long term. Gee, I, like one of the other writers, bought ET at $2.20, and some at $2.40. I feel like a thief. I already could have made a $10,000. to $15,000. profit in what, a couple of weeks. But for the first time in years I"m going to hold ET until years end. I will do well.
Advice for Ameritrade, or any other brokerage who might be thinking of buying out ETrade. If you do, don't change Etrade to your standards, but change your standards to the Etrade platform. If you do that, you will keep many satisfied Etrade customers. Say if Ameritrade were to buy out ETrade, if you changed your Ameritrade platform to the Etrade platform, then you'd have Ameritrade stock traders who will be very happy. I looked into Ameritrade a long time ago, and I just didn't like it. I forget now what bothered me most, but after using Etrade for all these years, I'd be hard put to go to a system that was, (for the sake of a better word), cheap. For me, I'd rather see ETrade buy out Ameritrade, even though the stock value would drop, in the short run, but the Ameritrade customers would be so happy they'd never leave or search for another brokerage. I honestly can say, customers of Ameritrade could, (example), get out of their Ford Edsel, and enjoy the ride of a BMW.
Thank you folks for letting me see the other side of Etrade customers opinions. I'm really glad to see there are others who feel as I feel. I wondered if all the negative comments were coming from people who had been hurt on that bad month, and for ya'll, I'm really sorry. But you took a bad loss and it's happened to many people in the market now. It's happened before and people jumped out of windows. Instead of scratching the wound, buy some Etrade now at $2.85 or $2.90, and give it a year. If you were/are an Etrade customer then you know they are the only brokerage you want to trade with. I'm sorry you were hurt, but don't let that cause you to lose an opportunity by making another mistake. In two months you'll not see Etrade at $2. or $3. prices ever again. Thank you for this opportunity to express my thoughts about Etrade. A very satisfied past, present and future customer of Etrade.