We once believed truth to be self-evident, the growth Etrade has expierienced(Customer Base) in the first quarter of this year is excellent progress towards a more worthy price of shares. However if you would note the trend in financials, everyday bad news is announced in financials the prices drop, including Etrades, but Etrades Price doesn't drop with ease. We are seeing more positive growth than negative, it shot up to 4 dollars per share, and is now slowly pulling back. At which point I predict a upward trend for the stock.
Very good position on the subject, I would have to agree completely, the stock seems to be underpriced with no chance of bankruptcy in the near future. Plus I guarantee insurance through other companies, if bankruptcy becomes an issue a buyout would be in order because etrade has a huge customer base; Instead of the investors flocking to other brochures. However it is the investors as a whole who choose the price of a stock, so until etrade finds itself in higher demand, I'll just increase my supply.
Comparative Price Shopping: Selected Banking, Mortgage and Brokerage Stocks [View article]
Comparative Price Shopping: Selected Banking, Mortgage and Brokerage Stocks [View article]
Sincerely Signed.