Ben Williams's Comments Ben Williams's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/163762/comments Bullish on JP Morgan http://seekingalpha.com/article/130725-bullish-on-jp-morgan?source=feed#comment-464363 464363 Wed, 15 Apr 2009 19:55:05 -0400 An Ameritrade-E*Trade Merger? Not as Crazy as It Sounds http://seekingalpha.com/article/99614-an-ameritrade-e-trade-merger-not-as-crazy-as-it-sounds?source=feed#comment-281395 281395 Mon, 13 Oct 2008 12:56:00 -0400 An Ameritrade-E*Trade Merger? Not as Crazy as It Sounds http://seekingalpha.com/article/99614-an-ameritrade-e-trade-merger-not-as-crazy-as-it-sounds?source=feed#comment-281228 281228 Mon, 13 Oct 2008 10:09:44 -0400 Indevus: Making Big Gains with Approval for Its New Drug http://seekingalpha.com/article/97676-indevus-making-big-gains-with-approval-for-its-new-drug?source=feed#comment-267955 267955 Sun, 28 Sep 2008 20:43:48 -0400 Online Advertising: ING Direct vs E*Trade http://seekingalpha.com/article/93455-online-advertising-ing-direct-vs-e-trade?source=feed#comment-244850 244850 Wed, 03 Sep 2008 16:12:05 -0400 E-Trade Financial Carries High Risk-Reward http://seekingalpha.com/article/91744-e-trade-financial-carries-high-risk-reward?source=feed#comment-234743 234743 Wed, 20 Aug 2008 10:38:46 -0400 Countering the AP's 'E*Trade Financial Earnings Preview' http://seekingalpha.com/article/86144-countering-the-ap-s-e-trade-financial-earnings-preview?source=feed#comment-211793 211793
Bottom line, not great news, but not devastating either. The turnaround plan IS working and they are moving in the right direction. A lot depends on the overall economy in terms of how long it might take, but it looks as though they have turned the corner and will survive and hopefully thrive again in 2009. May not generate a profit in Q3 or Q4 this year, but capital raising is estimated to be around $800 million by year end, so that should be sufficient to cover their bad mortgage exposure. I am long ETFC and this report goes to my position. Be patient and this baby will turn around.]]>
Tue, 22 Jul 2008 16:15:52 -0400
Bottom line, not great news, but not devastating either. The turnaround plan IS working and they are moving in the right direction. A lot depends on the overall economy in terms of how long it might take, but it looks as though they have turned the corner and will survive and hopefully thrive again in 2009. May not generate a profit in Q3 or Q4 this year, but capital raising is estimated to be around $800 million by year end, so that should be sufficient to cover their bad mortgage exposure. I am long ETFC and this report goes to my position. Be patient and this baby will turn around.]]>
Countering the AP's 'E*Trade Financial Earnings Preview' http://seekingalpha.com/article/86144-countering-the-ap-s-e-trade-financial-earnings-preview?source=feed#comment-211754 211754

This should put them ahead in the entire financial recovery sector as many are still not being forthright about potential losses, while ETFC has admitted its mistake and is raising capital furiously to correct the err in their ways. Would love to see only a loss of -.14 or under as this would be bullish and could result in a profit generation by Q3 and would send the shorts scrambling even more. The Canadian deal only goes to reaffirm the capital raising efforts and gives ETFC the boost it needs for any future losses.

Keep the E-Trade baby rolling out the new customers, just stay away from the creepy clowns that I call the "shorts". Thanks for the nice counter Cindy.]]>
Tue, 22 Jul 2008 15:33:03 -0400

This should put them ahead in the entire financial recovery sector as many are still not being forthright about potential losses, while ETFC has admitted its mistake and is raising capital furiously to correct the err in their ways. Would love to see only a loss of -.14 or under as this would be bullish and could result in a profit generation by Q3 and would send the shorts scrambling even more. The Canadian deal only goes to reaffirm the capital raising efforts and gives ETFC the boost it needs for any future losses.

Keep the E-Trade baby rolling out the new customers, just stay away from the creepy clowns that I call the "shorts". Thanks for the nice counter Cindy.]]>
Did the E*Trade Baby Pay Off? http://seekingalpha.com/article/83141-did-the-e-trade-baby-pay-off?source=feed#comment-207968 207968 Thu, 17 Jul 2008 14:19:11 -0400 NYSE Short Interest Hits Record Highs... Again http://seekingalpha.com/article/84613-nyse-short-interest-hits-record-highs-again?source=feed#comment-207960 207960 Thu, 17 Jul 2008 14:14:01 -0400 NYSE Short Interest Hits Record Highs... Again http://seekingalpha.com/article/84613-nyse-short-interest-hits-record-highs-again?source=feed#comment-207158 207158 Wed, 16 Jul 2008 15:49:26 -0400 Did the E*Trade Baby Pay Off? http://seekingalpha.com/article/83141-did-the-e-trade-baby-pay-off?source=feed#comment-207156 207156 Wed, 16 Jul 2008 15:47:11 -0400 NYSE Short Interest Hits Record Highs... Again http://seekingalpha.com/article/84613-nyse-short-interest-hits-record-highs-again?source=feed#comment-205039 205039 Mon, 14 Jul 2008 09:29:29 -0400 The Current Market Atmosphere: Easy Money Hard to Come by http://seekingalpha.com/article/82623-the-current-market-atmosphere-easy-money-hard-to-come-by?source=feed#comment-193173 193173 Thu, 26 Jun 2008 09:23:36 -0400 Metrics, Mortgages and Analysts http://seekingalpha.com/article/82085-metrics-mortgages-and-analysts?source=feed#comment-189280 189280
Having said that, I am not caugt up in the pinheads who want to rain on E-trades parade where they HAVE shown improvement, HAVE improved their capital position and have increased business. People presenting the numbers can lie, but the numbers don't. E-trade is moving in the right direction and you can post back here a year from now and see who is right and who is not. Hear me now, believe me later. ]]>
Fri, 20 Jun 2008 13:16:27 -0400
Having said that, I am not caugt up in the pinheads who want to rain on E-trades parade where they HAVE shown improvement, HAVE improved their capital position and have increased business. People presenting the numbers can lie, but the numbers don't. E-trade is moving in the right direction and you can post back here a year from now and see who is right and who is not. Hear me now, believe me later. ]]>
Metrics, Mortgages and Analysts http://seekingalpha.com/article/82085-metrics-mortgages-and-analysts?source=feed#comment-189104 189104 Fri, 20 Jun 2008 10:39:34 -0400 Metrics, Mortgages and Analysts http://seekingalpha.com/article/82085-metrics-mortgages-and-analysts?source=feed#comment-188976 188976 Fri, 20 Jun 2008 08:25:04 -0400 E*Trade's 'First In, First Out' Position: Yes, 111M Shorts Can Be Wrong http://seekingalpha.com/article/80821-e-trade-s-first-in-first-out-position-yes-111m-shorts-can-be-wrong?source=feed#comment-187816 187816
Long term ETFC bears beware, this company has turned the corner and IS going to make it. Loading up on more options and would consider loading the wagon with actual shares if it falls to $3.40 with the financials dropping as well. This is my speculation play of 2008 - 2009 for the long haul. Know your risk and know your reward and play accordingly. I have little doubt this company will rise to make us bulls some cash within the next 8 - 12 months.]]>
Wed, 18 Jun 2008 13:31:37 -0400
Long term ETFC bears beware, this company has turned the corner and IS going to make it. Loading up on more options and would consider loading the wagon with actual shares if it falls to $3.40 with the financials dropping as well. This is my speculation play of 2008 - 2009 for the long haul. Know your risk and know your reward and play accordingly. I have little doubt this company will rise to make us bulls some cash within the next 8 - 12 months.]]>
S&P Upgrades E*Trade Despite Struggling Financial Sector Peers http://seekingalpha.com/article/81062-s-p-upgrades-e-trade-despite-struggling-financial-sector-peers?source=feed#comment-184072 184072
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Thu, 12 Jun 2008 09:30:35 -0400
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S&P Upgrades E*Trade Despite Struggling Financial Sector Peers http://seekingalpha.com/article/81062-s-p-upgrades-e-trade-despite-struggling-financial-sector-peers?source=feed#comment-184053 184053
Either way, I am still accumulating positions both in equity shares and options on this one as the fundamentals don't lie and it has survived its near demise and appears to be making the turn. I am bullish all the way on ETFC. ]]>
Thu, 12 Jun 2008 09:18:53 -0400
Either way, I am still accumulating positions both in equity shares and options on this one as the fundamentals don't lie and it has survived its near demise and appears to be making the turn. I am bullish all the way on ETFC. ]]>
E*Trade's 'First In, First Out' Position: Yes, 111M Shorts Can Be Wrong http://seekingalpha.com/article/80821-e-trade-s-first-in-first-out-position-yes-111m-shorts-can-be-wrong?source=feed#comment-183788 183788 Wed, 11 Jun 2008 20:55:45 -0400 E*Trade's 'First In, First Out' Position: Yes, 111M Shorts Can Be Wrong http://seekingalpha.com/article/80821-e-trade-s-first-in-first-out-position-yes-111m-shorts-can-be-wrong?source=feed#comment-183496 183496 Wed, 11 Jun 2008 13:24:39 -0400 E*Trade's 'First In, First Out' Position: Yes, 111M Shorts Can Be Wrong http://seekingalpha.com/article/80821-e-trade-s-first-in-first-out-position-yes-111m-shorts-can-be-wrong?source=feed#comment-183273 183273 Wed, 11 Jun 2008 10:15:05 -0400 E*Trade's 'First In, First Out' Position: Yes, 111M Shorts Can Be Wrong http://seekingalpha.com/article/80821-e-trade-s-first-in-first-out-position-yes-111m-shorts-can-be-wrong?source=feed#comment-183232 183232 Wed, 11 Jun 2008 09:30:55 -0400 Citadel Infuses E*Trade with Strong, Experienced Management http://seekingalpha.com/article/79303-citadel-infuses-e-trade-with-strong-experienced-management?source=feed#comment-176693 176693
Sure they have a long way to go and it is a risky endeavor, but "crapshoot" would have been a good term for Dec 07 to Feb 08. Since then, they have significantly reduced their riskiest mortgage based loans and had a nice infusion of capital through various methods to improve the solvency issues they had. Some diliution occurs as a result, but overall strenthens this play for the long term.

I certainly consider ETFC as a speculation play at this point, but far from "crapshoot". Know your risk for the downside, but keep loading up on this one. As I stated previously, Jan 09 Call with a $5 strike price is loooking better everyday. ]]>
Fri, 30 May 2008 10:39:14 -0400
Sure they have a long way to go and it is a risky endeavor, but "crapshoot" would have been a good term for Dec 07 to Feb 08. Since then, they have significantly reduced their riskiest mortgage based loans and had a nice infusion of capital through various methods to improve the solvency issues they had. Some diliution occurs as a result, but overall strenthens this play for the long term.

I certainly consider ETFC as a speculation play at this point, but far from "crapshoot". Know your risk for the downside, but keep loading up on this one. As I stated previously, Jan 09 Call with a $5 strike price is loooking better everyday. ]]>
Citadel Infuses E*Trade with Strong, Experienced Management http://seekingalpha.com/article/79303-citadel-infuses-e-trade-with-strong-experienced-management?source=feed#comment-176600 176600
CEO Layton has done a great job turning this company around and getting rid of the mortgage business that almost sank them. I am long ETFC for full disclosure and have both equity and option positions. I have realistic expectations and am not pumping the stock, but think it is a great speculative play at this time. Everyone should consider the downside as well as the upside and make their play as they see fit.

I am accumulatiing more options and shares when the price dips below $4. Looks like it may be putting a solid $4/share bottom in if it can close above the $4 mark again today.

Appreciate everyones posts both pro and con. It is good to see everyone's opinion and we can all benefit from looking at upside and downside of any trade. However, there is a lot of BS you have to sort through sometimes and you need to consider the persons perspective as a shareholder, short or long, bearish or bullish and their stake when you read their blog.]]>
Fri, 30 May 2008 09:14:25 -0400
CEO Layton has done a great job turning this company around and getting rid of the mortgage business that almost sank them. I am long ETFC for full disclosure and have both equity and option positions. I have realistic expectations and am not pumping the stock, but think it is a great speculative play at this time. Everyone should consider the downside as well as the upside and make their play as they see fit.

I am accumulatiing more options and shares when the price dips below $4. Looks like it may be putting a solid $4/share bottom in if it can close above the $4 mark again today.

Appreciate everyones posts both pro and con. It is good to see everyone's opinion and we can all benefit from looking at upside and downside of any trade. However, there is a lot of BS you have to sort through sometimes and you need to consider the persons perspective as a shareholder, short or long, bearish or bullish and their stake when you read their blog.]]>
E*Trade Primed for a Breakout http://seekingalpha.com/article/77548-e-trade-primed-for-a-breakout?source=feed#comment-170149 170149 Mon, 19 May 2008 15:14:16 -0400 XM/Sirius Merger Still a Long Shot http://seekingalpha.com/article/68510-xm-sirius-merger-still-a-long-shot?source=feed#comment-126441 126441
The true reason behind this fact is not based on the author's comments though about competition and monopoly, but instead on terrestial radio's lobbyist and members of Congress getting their palms greased by this local stations to help defeat this merger. I am not a subscriber to either satellite radio company, but as a person who still believes in a free market society and capitalism, this deals needs a decision much sooner than later. Typical government slow decision stalled by red tape and $ passing hands. Call your Senator and Representative today and raise hell asking them why this is taking so long. Decision should be made one way or the other, we can go to war in a day, crush the economy with knee jerk reactions from the fed in a few minutes, but cannot approve a merger within a year. What a freaking joke. Approve this and move on!]]>
Fri, 14 Mar 2008 10:00:39 -0400
The true reason behind this fact is not based on the author's comments though about competition and monopoly, but instead on terrestial radio's lobbyist and members of Congress getting their palms greased by this local stations to help defeat this merger. I am not a subscriber to either satellite radio company, but as a person who still believes in a free market society and capitalism, this deals needs a decision much sooner than later. Typical government slow decision stalled by red tape and $ passing hands. Call your Senator and Representative today and raise hell asking them why this is taking so long. Decision should be made one way or the other, we can go to war in a day, crush the economy with knee jerk reactions from the fed in a few minutes, but cannot approve a merger within a year. What a freaking joke. Approve this and move on!]]>