E-Trade

Quote from flytiger:

For how long? Does the tape look like it will support retail trading for very long? How many happy feet danced out the door. I saw an email to an old customer they treated like crap offering $5 trades.

Let's see arrogant. Being investigated for front running, stock de vasted, and rumors galore. I don't thing that's a very good platform to grow with. I'd just put an add in a the papaer. Acat an Etrade account, get 500 free trades. Then, of course, you short the shit out of the common when you see the transfers happening.:D

Yes, agreed. Those would be my caveats exactly, with particular emphasis on the dancing feet.
 
Quote from kinggyppo:

More detail here, 7 billion into the financials and counting, will be watching xlf


http://online.wsj.com/article/SB119638616004708894.html?mod=yahoo_hs&ru=yahoo

".....humiliating comedown." they were an arrogant bunch of bastards, and they are mirrored by that idiot at 6 and 9. Mr. Market doesn 't care for that kind of behavior.

So Griffin and"the others" are pouring money into financials trying to make a kill. Like, they've never been wrong before. Wh'at if they're wrong? What if there is another thorn on the Rose? Who rescues us then?

Anyway,ETFC E*TRADE: Buys an expensive lifeline - FBR (4.82 ) -Update-

Friedman Billings notes the terms and structure of the transaction were not as favorable as expected, but the transaction itself was a necessary evil. It shores up ETFC's capital and allows the co to earn itself out of any remaining balance sheet issues over time. Although firm believes there is significant upside potential for investors willing to take a longer-term approach, near-term concerns regarding customer attrition and home equity exposure are likely to keep the stock in check for a while. With the uncertainty on how the customer base will respond over the coming weeks, firm remains on the sidelines at a Market Perform and lowers their tgt by $5.50 to $6.50.
 
Quote from flytiger:

".....humiliating comedown." they were an arrogant bunch of bastards, and they are mirrored by that idiot at 6 and 9. Mr. Market doesn 't care for that kind of behavior.

So Griffin and"the others" are pouring money into financials trying to make a kill. Like, they've never been wrong before. Wh'at if they're wrong? What if there is another thorn on the Rose? Who rescues us then?

Anyway,ETFC E*TRADE: Buys an expensive lifeline - FBR (4.82 ) -Update-

Friedman Billings notes the terms and structure of the transaction were not as favorable as expected, but the transaction itself was a necessary evil. It shores up ETFC's capital and allows the co to earn itself out of any remaining balance sheet issues over time. Although firm believes there is significant upside potential for investors willing to take a longer-term approach, near-term concerns regarding customer attrition and home equity exposure are likely to keep the stock in check for a while. With the uncertainty on how the customer base will respond over the coming weeks, firm remains on the sidelines at a Market Perform and lowers their tgt by $5.50 to $6.50.

I don't know their culture at etrade, as far as I'm concerned the small retail guy gets no service. You are lucky if your broker picks up at all in a busy market. I am not a fan of etrade and am neutral on the stock. I however, find it interesting on the macro side that Citadel is investing with them. They must be pretty confident in their ongoing operation, else why buy long duration paper with a company doomed to chapter 13. You have to admit their track record is pretty good for the last year. The stock could trade back down to $3.00 or $3.50 but remember the market cap of this company is 2 billion which is pocket change to someone looking for a broker who is already up and running.
 
Quote from kinggyppo:

I don't know their culture at etrade, as far as I'm concerned the small retail guy gets no service. You are lucky if your broker picks up at all in a busy market. I am not a fan of etrade and am neutral on the stock. I however, find it interesting on the macro side that Citadel is investing with them. They must be pretty confident in their ongoing operation, else why buy long duration paper with a company doomed to chapter 13. You have to admit their track record is pretty good for the last year. The stock could trade back down to $3.00 or $3.50 but remember the market cap of this company is 2 billion which is pocket change to someone looking for a broker who is already up and running.

Now, today, they're questioning the retail business and how much they've lost. And for this, they get how much???

ET had it first. It's called, "Common Fucking Sense". Yes, you may quote me. :D

Whatever the bottom's gonna be, you're 75 cents closer.:confused:
 
Quote from honghong:

got in this morning at a hair under 4. I'll probably hold for a day or two to see what's going on with this..

You got some bark on you , Mister!

Richard Boone to Paul Newmans' "John Russell" in "hombre".

BTW, they both died.:D
 
Quote from honghong:

stop loss @ 3.75 I don't usually play with these, but it seems everyone is having fun. hahaha..

That's where I am waiting to get in. :p ,,, and I am Ok if it never gets there.
 
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