bigzac

1 Comment

    • ON: Fri Jul 4th 10:48 AM
      Commented on:
      Metrics, Mortgages and Analysts
      I have been following the E-trade debacle since it first started and I must say I have never...ever...been impressed with what JBMaria has to say. Of course, I do not specifically disagree with everything (s)he says but the manner in which it is presented, the global and unspecific nature of the statements posted, and the blind denial and aversion to answering hard factual questions; all point to the obvious truth that JBMaria is some kind of buffon or short. If you don't believe me that JBMaria avoids answering questions I encourage you to read the rest of the SA ETFC articles and the comments at the bottom.


      To investorms23:

      "1. As a bystander, It looks like Cindy is really painting a very rosey picture as if like a Majic act of layton, ETFC will be back to business and a $20 share in no time. Infact I lost around $400 by investing in ETFC after reading her posts and in no time I sold it off. I bought it at 4.06 and sold it at 3.72. "

      Congrats, you have demonstrated that you do not understand the stock market. You actually lost the $400 dollars after you sold off the stock, not before. E-trade has now twice tested the upper 4 dollar to mid 5 dollar range, I am confident that if you had just been patient you would have seen yourself at least at a break even point sometime in the future. No guarantees ever of course.

      Furthermore, never once has Cindy painted a picutre that E-trade is going to be magically back to $20 dollars per share anytime soon. In fact, I don't think any intelligent investor is looking for e-trade to hit the $20 mark (of course it would be nice). A normal value investor should be looking for a 9-12$ range in the next two-three years, which would be FANTASTIC returns.

      The point is this folks, Etfc is not good for people who are chasing the dream of making a fabulous profit in the next six months. If you feel/know the market is a get rich quick scheme, there are defintly better opportunities out there. But if you have money that you do not have some impending use for, and are comfortable with putting it away for two to three years and not worrying about it, E-trade MIGHT be a great spot to put it.

      Riding the wave,
      Zac
      View article »
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