dad_is_board's  Instablog

Send Message
  • Bagholders butthurt to da max at E-Trade, LOL! 0 comments
    Nov 10, 2011 7:25 PM | about stocks: ETFC

    A whine and jeez party is occuring on E-Trade stock message boards as butthurt bagholders survey their portfolio damage after management's latest gaffe.  It turns out that no one is willing to purchase the debt ridden beast.

    Doug Kass no doubt pumped this up just to take a massive short position, as shareprice tumbles to new all time lows in the seventy cent pre-split range. Will the dreaded fifty cent barrier be broken?  You bet! forty two cents ($4.20) is my projected target for short covering. Until then, short away, short away.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: ETFC
Back To dad_is_board's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.