Citadel isn't unloading shares because they no longer believe in the Etrade story. They are doing this for regulatory purposes. Evidence of this theory is in the eerie trading range of Etrade stock. These sales have been carefully orchestrated by Citadel & friends. Who are the friends? I don't know. But it is obvious there are large institutions buying the shares that Citadel is selling. If this weren't the case, you would see huge swings going on.
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Citadel isn't unloading shares because they no longer believe in the Etrade story. They are doing this for regulatory purposes. Evidence of this theory is in the eerie trading range of Etrade stock. These sales have been carefully orchestrated by Citadel & friends. Who are the friends? I don't know. But it is obvious there are large institutions buying the shares that Citadel is selling. If this weren't the case, you would see huge swings going on.
Oct 09 15:00 pm
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All Comments by Jason Schwarz »E*Trade Appears Ready to Climb [View article]