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Seven Reasons to Play E-Trade

|Includes: AIG, BAC, Citigroup Inc. (C), SCHW

Lending to people who don't pay you back has always been a tough business. However, E-Trade could power through $2 today for the following reasons. 1)Goldman steps up and upgrades a $1.90 stock. 2)Individual investors are trading like crazy. Watch the volume of C, AIG, BAC, ETFC and all those financial secondaries. 3)Large private equity owner with something to prove. 4)Huge Short interest. 5)SCHB and TD may be interested. 6) Has been Trading up on Huge Volume and 7) Some Borrowers may pay them back. Credit Recovering according to GS.