I have been following the company for almost 4 months now. I am not an expert but from what I have read from other people I see the price of the stock is very undervalued. The company has a very very odd movement during normal days even in positive market rallies. A lot of people complains that shorts are holding this company down for their benefits. I do not why this stock is not on the $6 level by now.
I think that this moves to depreciate the company are just mere tactics to buy the company a cheaper price. Since E*trade has the best technology that does not jam during heavy trading. I hold a position when it was at 3 so I have gained quite a return in one month. prefer to stay with the company a bit longer I guess all the bad news have been already told and the stock is so low that the only way is up.
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