Thank you Citigroup for making ETFC a cash machine.

[athlonmank8]

Quote from FAST.AM:

Uh actually yes today was a very good day for me! i took profits about 2 pm. .. ill be back in wed morning... the do it all over again... but yes a took profits .. not to say these r going higher.. do u really think because we didnt get .25 percent more of a cut that was the reason why these stocks sold off? I'm sure you do because you watch CNBC all day and listen to those morons. your r into your balance sheets... let me give you a tip. its called profit taking..
The housing report the last 2 times has been very positive.. Those reports make the difference !!!! keep on eye one THEM!!!.

As usual, you're wrong. How'd that Wed. trade go? Lets see...every day been down.

But that's alright. Maybe one of these days you'll actually figure it out.

 

[pumpanddumper]

When does this POS make a good trade again or just avoid?

 

[S2007S]

new 52 week lows today, looking to get in soon, may wait for an even $3.00 to get back in, however im tempted now around 3.35-3.40.

 

[athlonmank8]

Quote from FAST.AM:

Uh actually yes today was a very good day for me! i took profits about 2 pm. .. ill be back in wed morning... the do it all over again... but yes a took profits .. not to say these r going higher.. do u really think because we didnt get .25 percent more of a cut that was the reason why these stocks sold off? I'm sure you do because you watch CNBC all day and listen to those morons. your r into your balance sheets... let me give you a tip. its called profit taking..
The housing report the last 2 times has been very positive.. Those reports make the difference !!!! keep on eye one THEM!!!.

Ok can't stress this enough. LEARN TO READ A BALANCE SHEET.

ETFC knocking on the door of 2's now. A monkey could have figured that out. (3.15 low)


Technically it's bearish, fundamentally it's bearish.

I like picking up bottoms though, so for anyone looking to buy....I'd say a starter here with a plan to pick up a bigger chunk around 2.50.

I'd take your regular position size and divide it by 2-3 and put that in. (Split it up).

It'll be dead money for a while, but if they make a comeback it'll be worth 6 again no problem.

 

[athlonmank8]

Quote from athlonmank8:

Yeah 4 points downside risk. However, it's all percentages. Points mean nothing. If points meant something why not buy some penny stocks. I mean seriously. What kind of comment is that?!

Downside risk is only 4? Comon. Unless you're looking for a gamble (in which case that's fine), E-Trade is not a full-blown investment here. They're worth far less than $4 with the current write-downs. Expecting upper 2's.

not too bad. almost hit the nail on the head.

Where i'd be without fundamentals. I'd never know.

 

[athlonmank8]

Quote from athlonmank8:

Ok can't stress this enough. LEARN TO READ A BALANCE SHEET.

ETFC knocking on the door of 2's now. A monkey could have figured that out. (3.15 low)


Technically it's bearish, fundamentally it's bearish.

I like picking up bottoms though, so for anyone looking to buy....I'd say a starter here with a plan to pick up a bigger chunk around 2.50.

I'd take your regular position size and divide it by 2-3 and put that in. (Split it up).

It'll be dead money for a while, but if they make a comeback it'll be worth 6 again no problem.

Anyone pick up the starter? Might be worth it if we do get lucky and inflate our way out of this crisis. Stock's still risky as heck though.

 

[newguy05]

i am just selling monthly $3 puts, if it manages to drop < $3 on expiration, then i will buy/hold and start selling covered calls.

I agree long term this stock will probably breakout, but the current technical chart looks like a horror show, dont think it's the right time to get in just yet with negative >0.1 cmf, ma10 way below the ema20 & 30. Will watch this closely though.

 

[athlonmank8]

Quote from athlonmank8:

Yeah 4 points downside risk. However, it's all percentages. Points mean nothing. If points meant something why not buy some penny stocks. I mean seriously. What kind of comment is that?!

Downside risk is only 4? Comon. Unless you're looking for a gamble (in which case that's fine), E-Trade is not a full-blown investment here. They're worth far less than $4 with the current write-downs. Expecting upper 2's.

Upper 2's today. Like I said. Read a balance sheet. Nothing simpler than that.

The time to buy is getting close. Sure it's risky but now a lot of it's been priced in.

 

[S2007S]

IF it goes to $2.50 im buying.

 

[athlonmank8]

Quote from S2007S:

IF it goes to $2.50 im buying.

I'll be there with ya