E*Trade Takeover Chatter: How Should an Investor Respond? [View article]
As a shareholder of Etrade ETFC I want to see them go it alone unless the new owner for example ameritrade would pay $5 cash along with every four shares of Etrade you would get one Ameritrade share. That would be fair due to the fact that Etrade is sitting on over 4 billion in Cash and has 1.2 billion in debt. The brokerage unit is a cash cow . The company is expected to loss only one penny in the fourth quarter. What if it breaks even or a penny profit. That stock will hit $10.
Wall Street Breakfast: Must-Know News [View article]
Etrade (ETFC) reported out during Q2 results in July that they have stakes in Fannie and Freddie and that they sold some and will be liquidating the rest due to the potential government takeover. I emailed Etrade yesterday at their investment line with this question. Does Etrade own any fannie or freddie? Etrade reponded that they liquidated the rest of their prefered July 31st and he also referanced Q2 results and future guidenance. So basically they Own 0 and the time of the government takeover.
Will the Next Banking Crisis Originate in Europe? [View article]
Look for the worst to be over at Etrade. The only thing thats holding back their shares is the analysts. Etrade went from writing off 1.7 billion in the 4th quarter to losing 90 million in the first quarter. What I find odd was in the 1st quarter Etrade socked away an additional 234 million in cash into their future or potential loan loss fund, increasing this fund to over 700 million so technically it wasn't a loss in the first quarter. The analysts work for companies that has wrote off billions in the 4th quarter and billions in the first quarter, I think they should be using etrade model.
J.P. Morgan on Verge of Buying Bear for $20/Share [View article]
I would like to see Etrade be bought out it seems to be lacking leadership. The board is a hollw shell that has continuously ignored their shareholders like myself. I email them once a week over the last six weeks and I get zero responses. I'm believeing either Etrade has extremly bad news or they are negociating a buyout. They should report feb results but Layton is refusing to give investors any insite.
E*Trade Takeover Chatter: How Should an Investor Respond? [View article]
Wall Street Breakfast: Must-Know News [View article]
Will the Next Banking Crisis Originate in Europe? [View article]
Will the Next Banking Crisis Originate in Europe? [View article]
J.P. Morgan on Verge of Buying Bear for $20/Share [View article]
JPM, Citadel Tag Teaming Thornburg Mortgage? [View article]