ZenInvestor

Countering the AP's 'E*Trade Financial Earnings Preview'

Nicely said. The 'provisions' for future losses 'may' come in for some increases, but should be more than offset by increased earnings on the brokerage side. Any reduction in short selling activity due to the new rules, and a continued improvement in the earnings should help the stock. The sale of Etrade Canada will further bolster the balance sheet as well.

Metrics, Mortgages and Analysts

The other obvious from the 'investment banks' is that E*Trade bank is FDIC regulated. They have a layer of reasonableness tests that no Lehman or Bear Stearns ever had to adhere to, and the E*Trade Bank call reports and capital levels are strongly into the well capitalized side.

The reason the 'street' does not see it is fear, and part of that is well founded since many regulated banks were able to hid portfolio issues from regulators through their sheer size and the complexity of the deals. Cindy's point about 'first in, first out' of the crises is well founded. The fact that E*Trade owned up quickly and sold the sub prime to Citadel for a deep discount has set them up to exit the credit crunch early. Q2 will be the real sign that their recovery, if not complete, is well down that road.

Why the E*Trade Shorts Have It Wrong

Good article. I find it silly that this stock is still punished so deep into the turnaround. As for 'announcing' what they will do with the 600MM in additional authorized shares, why should they say? This is purely defensive, and give management flexibility. As to the shorts, they will tire of this stock as when it continues to edge higher instead of lower. Investors need to return to the markets, and the shorts will go on summer vacation.

Comparative Price Shopping: Selected Banking, Mortgage and Brokerage Stocks

User 181243 it appears 'you' are the 'newbie'! Just proves that anyone can post.

Comparative Price Shopping: Selected Banking, Mortgage and Brokerage Stocks

This is right on the money. ETFC is way too beat up, and they now have a team with a lot of depth in managing the portfolio and the bank side. The brokerage was always top notch. I am a customer, and became a shareholder because I understand that the bank side is where the upside is for this stock. They have taken high reserves, and missed their Q1 number to take more, the bank is well capitalized and now well run. As they work through the 11 B Heloc portfolio, and liquidity returns to this market, they will be more than positioned for earnings surprised that are on the positive side. This is a $5.50 to 6.50 stock after Q2 earning release. The new team is on the right track, and their platform is the best in the business.

E*Trade: Primed To Turn Around?

Her reasons are the same as mine. The platform is downright superior, and I as transitioning to them just as the BK comment came out. I did my homework and figured out that after the Citadel carve out of the sub prime that they would not only survive, but thrive. I am a shareholder and a customer, and satisfied that is it is a long term relationship for both of those roles.