I'm glad i left this position a few weeks back... Etrade is wrapped in uncertainty.. no one knows for sure how much irresponsible money lending was going on during the "one click mortgage" days and it seems like investors won't touch this with a stick.. Once the credit crunch results are clearer this company could jump quickly so keep it on your watch list for a sunny day.. while you're at it I would add JPM as well, who seem to keep getting punished with the sector but lets not forget, they have all of Bear Sterns (R.I.P) assets just waiting to pay off..
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I'm glad i left this position a few weeks back... Etrade is wrapped in uncertainty.. no one knows for sure how much irresponsible money lending was going on during the "one click mortgage" days and it seems like investors won't touch this with a stick..
Jul 11 10:42 am
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All Comments by guliamo »Did the E*Trade Baby Pay Off? [View article]
Once the credit crunch results are clearer this company could jump quickly so keep it on your watch list for a sunny day.. while you're at it I would add JPM as well, who seem to keep getting punished with the sector but lets not forget, they have all of Bear Sterns (R.I.P) assets just waiting to pay off..