is a robust instrument of economic stimulus.
© 2010 iBankCoin.com · Admin login.
Home ·
About iBankCoin ·
Advertise ·
Contact us ·
Disclaimer ·
iBC Dictionary ·
Recommended Reading ·
DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
Loading ...
Salted or un?
Fly, the new site is pimp!! Speaking of pimping, E*TRADE (ETFC) is being knocked around like a ho working for the Pimp of the Industry – CFC.
Should be a nice bounce thanks to the Citigroup analyst Prashant Bhatia who downgraded E*Trade to “sell” from “hold,” a forecast that incorporated a 15% chance of bankruptcy. E*TRADE’s mounting credit losses may prompt customers to yank deposits and could put the online brokerage at risk of bankruptcy. The analyst’s comments are valid, but it’s just an analysis, not the final word. E*Trade is in horrible shape, no question, but it’s not time to throw in the towel before the company has a chance to defend itself. Citigroup lowered their price target to $7.50 from $13, yet the market tanked shares to the $3 level (slight overreaction).
“(E-Trade’s) not anywhere close to filing for (bankruptcy),” Morningstar analyst Patrick O’Shaughnessy said. “It’s still doing quite well in terms of its core operating metrics.”
word is bond, ETFC sucks but it’s worth playing for a few easy points.
ETFC=dogshit, SCHW is the play here,been with em 3 yrs. never a problem,great service,tech support etc.,old etraders may want to “talk to Chuck”,they gotta be spooked at least a bit.Its a boring stock for you dynamite gamers out there but something to ponder while downing 40’s of the malt.
This just in…..Mitchell Caplan=asshat
CInrvd