Ravee

Why E*Trade Is a Must Buy

What are the chances Citadel will allow ETFC to get out of their hands?
1. Citadel average price for ETFC is around $2.50 (Please note I did not do exact math). Being an aggressive hedge fund, they would like to make at least 4-5 times profit.
2. Citadel has a fantastic deal to flow 50% of ETFC trades through their systems - and this is a profit making machine for them. Why do they loose this?
3. Citadel has agressive plans to become another Goldman. They need this brokerage platform.