A subscriber left a comment today asking me about my decision to sell Ameritrade (AMTD) in light of the recently released quarterly results. My response to the comment turned out to be longer than I expected and I figured I would make it a blog entry instead.
The comment mentioned the highly entertaining and knowledgeable Jim Cramer’s take on the Bank Of America announcement. I have often been at odds with what Cramer has said in the past and am not surprised that once again he has a different take on Ameritrade.