wheres ETFC going now?

next time a bear market rally begins maybe you will find etfc at $1-$2 ride it up to $5 for a 300% gain

nobody complains about a 3 bagger
 
i bought some calls thinking their retail division is still healthy, am i missing something? even their tv commericials talk about the mass number of new signees :)
 
A close of 5.60 will foster a quick move to 7. ETFC is in alot better shape that you see. They're picking up accounts and insiders are buying.
 
i totally agree, i know a few friends and family who have recently opened up accounts with etrade. Their service and technology is awesome.
 
yep the former ceo decided to dump the entire book on buying subprime loans, then a nice analyst at citi caused a panic bank run.

I am sure if you do a search will find the whole story, reads like a bad fairy tale :)

Basically a company with a strong core business and a very bad book.
 
Quote from newguy05:

yep the former ceo decided to dump the entire book on buying subprime loans, then a nice analyst at citi caused a panic bank run.

I am sure if you do a search will find the whole story, reads like a bad fairy tale :)

Basically a company with a strong core business and a very bad book.
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interesting....so are you implying it is heavily undervalued ?
 
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