dan clue

Contrarian Indicator: Analyst Buy Ratings

Etrade is looking for a buyer and will be sold within the next month. I suspect it may very well be Abu Dhabi. Layton can't say that several offers aren't being considered by the board at this time because they are. Also he can't say Etrade has been in talks over the last week but something happened to the deal. I found out that Layton needed to say what he said to CNBC. He did this for one simple reason he needs to keep Etrade's share price low. Typically a buyout company will pay 65% over market close. If this is the case Etrade will be sold for a $6-$6.50 value. This makes it more attractive. I have repeatedly asked Etrade investment line through emails but they still haven't responded to any of my questions.. I have sent almost 10 emails in the last month. Etrade should be reporting out Feb results within days. I'm convinced this will help the share price.