daffy

E*Trade: Primed To Turn Around?

jim and ezmaass1,

nice exchange . . .

I agree with both of you. I also enjoy reading all of these posts. ETFC seems to be in the "limelight" due to events in November, sadly, far before all of the others and to a greater degree as well. I think many other institutions were relying on a scapegoat to bolster share holder confidence. Oh well, they only bought maneuvering room. I still think ETFC will come out shining like a rose, and I am still long, and I still buy and sell ETFC when the picking is ripe. Their 1Q weren't as bad as they could have been, and it paid off for me.

I am sticking with Etrade . . . it serves my purpose, and I think as a platform it serves the purpose of their entire target market. Think about it, I bet there are a hell of a lot more F-150's driving around than there are 911's. There may be better platforms for some out there, but I don't think there are better platforms for the masses out there. I do wish they would add a trailing stop limit order to their array though. The code can't be that difficult.

Oh well, back to my studies . . .

cheers!

E*Trade: Primed To Turn Around?

WEZ, it appears to me you ar edrueling and too cautious. You are the type that will miss the boat.

All of you have missed the true weight of ETRADE's balance sheet (and please realize that I haven't looked at the specifics yet), and that is the cost of that cash infusion at a rate of 12% (or thereabouts).

I could really care less what other people say, I am sticking with my Etrade, and have made a good chunk on ETFC this year on my quick few day trades. I keep a few shares on hand for posterity sake so if the share price jumps a buck or two while I am off on vacation, I can honestly say that I did not miss out.

WEZ, I hate to break it to you , but the fear mongering and the naysayers have run out their course. It is all very transparent now, and most people are preying on all their carnage.

I hope all you shorters get nailed . . . .