I've been wondering about E-TRADE's choice to feature blog articles containing mainly opinion from investor pundits and second rate investment managers and hedge fund managers from seekingalpha.com in the NEWS headlines section of stock info pages.
This practice seems highly questionable, as it presents these articles of opinion and investment "inspiration" as if they were fact or news, adding unnecessary volatility to share prices as these articles of opinion are read by investors using E-TRADE with this weight assigned to them, which then influences their judgement.
It seems like E-TRADE is opening itself up to a class action lawsuit here by listing this punditry amongst news headlines, thereby misrepresenting the substance of the articles. As an investor, I would appreciate seeing news of substance listed in the NEWS headlines section - not blog articles by investment tycoon wannabes.
If investors wish to read punditry and seek investment ideas or inspiration, let them visit outside sites (of which there are plenty). This kind of tight integration of punditry into the E-TRADE financial service is inappropriate and should be the subject of a lawsuit or investigation by the SEC.