It will soon breakout from it all time high. With Tradestation 9 still to be released next year, which major changes like portfolio testing and simulation,...European subsidiary in the UK, unbundled futures rate,....i expect it to go much higher to $20 There is lot of talks about take over next year in several Message Board from traders holding shares Tradestation capital market is $570 million and has nearly $1.4 billion in asset of 22,400 customer account, imagine how much the plateform itself is worth? Is it good candiate for a buy now? or wait for any pullback? Anyone own TRAD shares and holding? http://finance.yahoo.com/q/bc?s=TRAD&t=1y&l=on&z=m&q=l&c= http://www.investors.com/dsa/dsaarch36.asp
I have some since 11.10, bought on the breakout with decent fundamentals. I am holding right now but I have a tigh stop in.
You bought at a good price, i don't see you get stopped out easily, as support seems to be at around 11.75 to 12.25 where the gap day happened I don't think it will pullback for another entry, any major pullback, means mid-term reversal
I think tradestation is ready to be taken over by another larger brokerage soon, because somthing good is going to happen looking ar their shares today http://finance.yahoo.com/q/bc?s=TRAD&t=5d&l=on&z=m&q=l&c= Top TradeStation executives OK severance deal http://www.bizjournals.com/southflorida/stories/2005/12/12/daily9.html?from_rss=1
================ Net profit margin % is better than LEH or SCHW; & total return %[measured 12 months stock price] is better than either also. Its like the leadership in oil/gas sector; interesting institutional, fundamental reads, /chart reads