Ameritrade Financial Corp., 52 week low..(NASDAQ:AMTD) has traded down10.24 % on heavy vol. of 9.6 million shares.

Ameritrade Financial Corp., (NASDAQ:AMTD) has traded down10.24 % on heavy vol. of 9.6 million shares and continues to drop as we prepare this report. AMTD is now at a 52 week low of $13.91 and rapidly dropping.

We see continued weakness in shares of Etrade and Ameritrade the online brokers.We are seeing the results of a strategy of questionable trading practices by the online brokers and lack of investor confidence in the future of both Etrade and Ameritrade given the litigation exposure and potential judgment in the billions resulting from class action lawsuits.