The Position Makers

Analysis by Market Junkies

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Will Etrade’s bleeding stop?

Posted Thursday, December 20th, 2007 at 4:43 pm · 3 Comments · By: messels

Etfc fell hard today. not sure if any of y’all noticed it sank well below former stability points.

falling brick were we seeing a long-squeeze?

i’m still straddling this baby, and considering a repurchase but original buy in is so close that i’m not sure it’s the prudent thing to do. the straddle is to just stablize any loses on the way down but i am long term etrade; i’m long thinking these guys made a huge mistake but the business model will remain essentially intact and eventually recover.

Tags: Etrade (ETFC) · Finance/Banking

3 responses so far ↓

  • 1 Mr K // Dec 20, 2007 at 4:54 pm

    What’s with the funky image? Looks distorted…

  • 2 messels // Dec 21, 2007 at 8:15 am

    i do not know…going to change it. (my bad)

  • 3 Mr K // Dec 21, 2007 at 8:31 am

    Thanks for the fix messels - that photo works ;)

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