optionsXpress Acquires Optionetics

exQQQQseme · May 3, 2009

optionsXpress has recently acquired Optionetics. No doubt for a healthy price. I can't figure out what their purpose was.

4Q

IShopAtPublix · May 3, 2009

Quote from exQQQQseme:

optionsXpress has recently acquired Optionetics. No doubt for a healthy price. I can't figure out what their purpose was.

4Q

I hate optionetics, but I have an optionsxpress account.

college_trad3r · May 3, 2009

Quote from exQQQQseme:

optionsXpress has recently acquired Optionetics. No doubt for a healthy price. I can't figure out what their purpose was.

4Q

Never heard of them. Google search gives multiple scam warning. Is Optionexpress for real with this?

stevegee58 · May 3, 2009

Optionetics has good (expensive) option analysis tools. Maybe OX will be providing them for free for account holders.

exQQQQseme · May 3, 2009

In a press release dated April 28, 2009 optionsXpress (NASDAQ stock symbol: OXPS) announced that it was a $20 Million all cash stock purchase.

Optionetics is saying that they did the deal in order to be able to provide better services.

These are the facts. Who'se facts do you accept? The Buyer's or the Seller's.

dagnyt · May 3, 2009

Quote from college_trad3r:

Never heard of them. Google search gives multiple scam warning. Is Optionexpress for real with this?

OE is or real. But they just bought a slimy firm.

OE thinks they can convert customers into OE customers.

Mark

college_trad3r · May 3, 2009

Quote from exQQQQseme:

In a press release dated April 28, 2009 optionsXpress (NASDAQ stock symbol: OXPS) announced that it was a $20 Million all cash stock purchase.

Optionetics is saying that they did the deal in order to be able to provide better services.

These are the facts. Who'se facts do you accept? The Buyer's or the Seller's.

This proves marketers make more money than traders. You just have to create a site that offer seminars, people a piece pay $5000 for, and you bring in the big bucks. Pretty sad, actually.

Traders that make 20 million in their lifetime and visit elitetrader can be counted on one hand.

exQQQQseme · May 3, 2009

The incentive provisions could actually make this a good deal for everyone: Buyer, Seller, and Customers. If you're interested in seeing the text of the entire announcement look at:

http://finance.yahoo.com/news/optionsXpress-Announces-bw-15052316.html?.v=1

monty21 · May 3, 2009

Optionetics:

http://www.ripoffreport.com/reports/0/245/RipOff0245463.htm

http://www.reviewopedia.com/optionetics-review.htm (scroll down to view the customer review comments)

Two days of training for only $2995!

By the way, in addition to teaching the seminars, George Fontanills and Tom Gentile , "so called great traders" have EACH authored around 12 books since 2000.

http://www.amazon.com/exec/obidos/s...ss&index=books&field-author=George Fontanills

http://www.amazon.com/s/ref=nb_ss_b?url=search-alias=stripbooks&field-keywords=tom+gentile&x=0&y=0

HOW THE HELL DO THESE CLOWNS HAVE TIME TO TRADE?