ETFC = $16 - $32

Writedowns and Capital Raised by Financial Firms

ETFC current earnings estimates for 2011 are for $1.08/share.

www.nasdaq.com/earning...

At a PE of 15 that gives you $16.20.

But this a low-ball estimate as ETFC is paying down their debt at an accelerated rate and this estimate also understates ETFC’s true growth potential as being the best on-line trading platform hands-down.

$1.08/share could easily double by 2011.

Now you’re looking at a $32.40 share price, or least something in between $16.20 - $32.40.

This target will be reached before 2011, of course, as the market tends to race to true valuations prior to actual earnings materializing.

Also AMTD & other companies interested in acquiring ETFC are well aware of how rapidly ETFC share price is going to appreciate and have a vested interest in naked shorting the crap out of the stock down to levels that would make a cheap buyout offer appear reasonable.

(THIS HAPPENS ALL THE TIME)

So either way, short-term ETFC gets acquired for a decent return for shareholders, ($8.00 - $12.00) or she doesn’t get bought and appreciates on her own upwards toward $16.00 - $32.00 over the next 18 - 24 month.

The naked shorties know what this company is going to be worth and they want as many of your shares as they can possibly scrounge.