dmilkman207

Metrics, Mortgages and Analysts

Thank You jbmaria no need to save us from ourselves. We can do our own due dilligence and research. I have read some of your nonsense posts and they are pathetic. Look, if you think ETFC is the worst investment a person can make great, you made your point. Find somewhere else to spread your negativity. If you have short postion in ETFC great, try to stick to real issues surrounding the Company to explain your postion not some 1999 Enron B.S. I have news, Enron is done, over. But to have someone claim as you over and over,I have no position, I sold at the top, I am smarter than everyone else, All you people are foolish for believing in this Company, thats makes me "queasy" (not in 1999 right now in 2008)

Metrics, Mortgages and Analysts

I have been holding this stock and some various call options since November last year and it has been a test of patience, but turnarounds always take time this one is no different. This stock wont budge in my opinion untill they prove (even with their morgage and consumer loan exposure) they CAN make a profit. Which I believe that day is coming soon. We could not have better leadership than is currently in place, these banking veterans have the experience and ability to right this ship. But it will not happen overnight it would be foolish to think it could. So ETFC investors need to sit tight and wait, and when the stock getting dragged down by unfounded negative sentiment as it is currently is, buy more. I believe someday ETFC investors will be rewarded nicely.

The Online Brokerage Wars: E*Trade Offers Compelling Risk/Reward

I have had an account with Etrade for over ten years. I can say I have never had a problem with them. I also had a Home Equity Loan with them,I paid mine back in full, (cant blame me). When I opened my loan I found their lending practices quite conserative, they did a lowball appraisal of my property ,full income documentary etc. This is why I was surprised to hear them in loan trouble, but I supposed they purchased a lot of loans others originated. I wouldnt be surprised if the loans they hold perform a lot better then the doom and gloomers say they will. But I am an optimist, I also think this housing downturn is going to be a memory real soon.Could you imagine what this stock would do if that happened? With the Brokerage gaining customers the loans making money instead of sucking the Company dry it would be one hot stock. Thats why I am long ETFC,and I am not saying it will happen overnight It is sure to a long road back.

E*Trade: Primed To Turn Around?

After just listening to conference call and reviewing the earnings release I am optimistic at would I heard and saw. I have a long position in the stock. The HELOC Portfolio peformance was certainly good news. It does not surprise me any though. I cant believe the negitivity surrounding any type of morgage debt these days. The simple fact is the vast majority of people in this country have jobs, pay their payments, like their homes and kind of want to keep them. They also value their credit scores. This seems to be especially true pertaining to borrowers with FICO's above 700 which is what Etrade is holding. The doom and gloomers point to falling home values, I for one, dont care, If my home has negitive equity, so what, it is a temporary issue. I am paying my morgage. I am in for the long run. The whole subprime issue is mind boggling to me. What happened is that a lot of uncreditworthy borrowers defaulted, that is what they were supposed to do, right? Why is anyone surprised? Everything I see says Etrade is not holding a lot of this,whatever they had is long gone in the Citadel transaction. To hear the media bash Etrade constantly is bewildering. But us with long postions in the stock we should thank them for allowing us to get in at ridiculous levels. I for one am quite pleased that day in January when I bought ETFC @ 2.44. In the not to distant future I have a feeling I will be even more pleased.