Seeking Alpha

William Ellard » Comments » SCHW

  • E*Trade: Primed To Turn Around? [View article]
    Solid article Cindy!
    I am still analyzing E*Trades results, but my first read is very positive. If one backs out the large non-recurring charges, and other positive, negative one time hits - I come up with ETFC earnings over .19 a share this Q. And remember that DART's were up 12% from last years Q, were they earned .39 - so normalized earnings will be back over .40 per Q, once ETFC unwinds its foolish position of being a mortgage reit. This will take a few years, but the market will see these trends and ramp the stock price up. I fully agree the price now should be higher than the BK scare of last November.

    Bill
    Apr 18 15:03 pm |Rating: 0 0 |Link to Comment
More on SCHW by William Ellard
Comments by Ticker
William Ellard's
Comments Stats
33 comments
Rating: -1 (1 is - 2 )