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Etrade: "Bankruptcy risk cannot be ruled out" - Citi analysts

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Originally posted by: txrandom
My lunch money is getting wiped out. 🙁
Click to expand...

Relax 🙂

It's just following the market right now with a bigger volitility. The market opened green and so did E-Trade, the market went red, so did E-Trade.

I think we're all busy chasing the minute by minute action and no viewing this from a distance. E-Trade will go higher than where they are right now.

If I'm wrong, you're out only $80. My interest right now is long-term, because every penny it moves, I make/lose $25. I'd have a heart attack if I kept refreshing my charts.
 
I wonder if I should buy more during these drops.


OT: I noticed GCA did the same thing as ETFC. It dropped 59% yesterday and now climbing back up to a tune of 42%.
 
Originally posted by: ricochet
I wonder if I should buy more during these drops.


OT: I noticed GCA did the same thing as ETFC. It dropped 59% yesterday and now climbing back up to a tune of 42%.
Click to expand...

I'm contemplating the same.
 
Originally posted by: Azurik
Originally posted by: txrandom
My lunch money is getting wiped out. 🙁
Click to expand...

Relax 🙂

It's just following the market right now with a bigger volitility. The market opened green and so did E-Trade, the market went red, so did E-Trade.

I think we're all busy chasing the minute by minute action and no viewing this from a distance. E-Trade will go higher than where they are right now.

If I'm wrong, you're out only $80. My interest right now is long-term, because every penny it moves, I make/lose $25. I'd have a heart attack if I kept refreshing my charts.
Click to expand...

I'm just playing around. I plan on keeping it in there for quite while unless I get rid of ETrade. I wish I could have gotten into GCA.
 
Originally posted by: txrandom
Originally posted by: Azurik
Originally posted by: txrandom
My lunch money is getting wiped out. 🙁
Click to expand...

Relax 🙂

It's just following the market right now with a bigger volitility. The market opened green and so did E-Trade, the market went red, so did E-Trade.

I think we're all busy chasing the minute by minute action and no viewing this from a distance. E-Trade will go higher than where they are right now.

If I'm wrong, you're out only $80. My interest right now is long-term, because every penny it moves, I make/lose $25. I'd have a heart attack if I kept refreshing my charts.
Click to expand...

I'm just playing around. I plan on keeping it in there for quite while unless I get rid of ETrade. I wish I could have gotten into GCA.
Click to expand...

The only reason I found out about GCA is because it was on the front page of MSN money as being one of the top 3 losers. By then it had already jumped 12% in afer hour trading. By this morning it was already too high for my comfort to jump in and I know nothing about the company.




 
Originally posted by: JS80
i'm back in 6k shares at 4.80....i hope i don't wash last week's gain...
Click to expand...

Checking in during my vacation!

It looks like my stop loss at $5.30 got breached yesterday. Still made a good profit overall and still have my calls left.

Looks like the stocks on a free fall - may consider buying back in. I think we've been hit by a barrage of mortgage related bad news and it's just rolling down a big hill like a gigantic snowball.
 
god, bad day AGAIN.

Are you guys thinking more short or long term on this one? I bought at $5.93, which was obviously late to the game for the upward correction, and now I'm not sure what to do with the 35% or so the stock has lost in the last week.

Will E-Trade fold? I'm not actually concerned about the company if everything just stayed the same, but I'm afraid customers will get scared and bail, and then their retail business will falter and be unable to absorb the lending losses.

Also, does anyone else think it's lame that E-Trade charges a trading fee for their own stock? 😉
 
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