I'm not an analyst and I don't own Etrade stock, I can only speak from the viewpoint of a customer. As, a customer I have to say that I've been very disappointed in Etrade and am in the process of closing all of my accounts with them. They report that their customer base is still growing, but I'm very suspicious of that data. Now, don’t misunderstand my comments, I’m not mildly annoyed with them, I’m talking about misplaced documents, lost stock certificates, ignored correspondence, etc… I was only able to square away the issues I had with them with the help of the SEC. Based on my experience as a customer, I would not recommend them to anyone else, and I would not purchase their stock.
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E*Trade: Hindsight with Binoculars [View article]