prescient11

E*Trade: Hindsight with Binoculars

Thank you for a great article on Etrade and its turnaround. It is happening and quicker than most expected. Etrade now has a capital ratio on par with JPM and better than WFC. I guarantee that the next
Q Etrade will have a better cap ratio than any major bank. It is a cash rich company. Not only are they on track with the turnaround plan, but it is happening at a quicker pace than ever expected and the mortgage portfolio is behaving better than expected. The first lien mortgage portfolio is behaving a little worse, but this only affects Etrade's earnings, and has nothing to do with their capital, since they have a great position in those properties. The HELOC portfolio has experienced declining delinquincies. All good news.

For all beleaguered longs who have seen the incredible progress accomplished by Etrade in so little time, we wish to extend our thanks to Seeking Alpha for continuing to provide objective coverage on a stock that continues to be the victim of incredible manipulation and biased reporting. Once again, Seeking Alpha proves itself to be a valuable resource to the retail investor, when all others fail to do proper diligence.

Jegan, you are nothing but a well known basher with an agenda and have offered nothing to the discussion. At least you are consistent in your idiocy.

Jegan