capt Brian

E*Trade: Very Undervalued

Well, Etrade has some very poor background, lying to the people regarding their exposure to sub-prime, [just check back at the beginning of this mess,] when their stock was about $26. They suckered me in big time, believing them, but they were greatly exposed, hence their penny stock routine. I feel their people need to spend some time breaking rocks in a nice place in the sun for a few years to keep them away from little investors like me.

By the time I woke up to reality, it was just in time to catch the last of the drop in price, and I recoverd a little bit with put options.

This company should not be allowed to survive and the investors (account holders) should be given time to exit gracefully before they are squashed like the last covey of stockholders.
When are we going to require people in business to be responsible to their peers and custotmers?

Never probably
There, vent over.

Disclosure: Not being an emotional person, I believe too, they will survive and move up in price, that being said I must leave you now to put in my order, and the above comentary is probably correct.

Happy grins

Capt Brian
the lost navigator