I've been holding Wit since just after the IPO. I was attracted originally to the 'upstart' nature of their vision, and with their commitment to provide IPO access for smaller investors. As an investment it has so far proved a woofer (had I only sold a year ago!), but I have nothing but praise for their ability to survive in the shark infested waters of Wall street financials, their ability to cut their losses (with the afterhours trading), and their vision of expansion into Asia and Europe. I think the Soundview merger was the validation of their 'survivalist' strategy, and am happy to see them turn a profit ahead of schedule. The Etrade deal seems very sensible to me as well.I don't know enough of the day to day price stuff to know when and if they will be going up in the next couple months, but with the meltdowns of many dot commies, their tech bias has hurt over the last couple months. I'm not in any hurry to sell, and over the long term I'm looking at them as a great niche player with some solid experience behind them.Vince
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat