The Position Makers

It is seriously amazing how predictable things are when you take a step back and look at the big picture. Do you guys remember my post on January 2nd of this year speaking about Gold, Oil, and recession? If not, go ahead and read it (Oil hits $100 a Barrel, Gold hits $850, Dow Drops…). […]

[Read more →]

well, we finally got something from etfc as way of guidance.
i’m not digging the nose dive in price and zero recovery on the release.  is it the subtle signal of “buying time” the company conveys by picking the latest reporting date possible, Jan 24th, that’s driving FUD in the stock?
there’s also mucho talk of HELCO […]

[Read more →]

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

[Read more →]

hopefully there won’t be any backlash from me posting actual screenshots from the recent updates to the Etrade (ETFC) platform.
for non-etrad users, this is a chance to get a look at some of the platform; hope it sways you non-etrade users to make a switch. (what!? i can make shameless product pushes if […]

[Read more →]

jesus, i don’t put that down lightly.
trolling through the blogosphere this afternoon, i came across an amazing post on the current subprime fallout. what’s really interesting about this post is it’s more about the lending industry in general. and, much, much more important, is that we’ve not seen the bottom yet–not nearly.

check it!
what’r […]

[Read more →]

been watching etfc and it looks like the stock is getting major support around $3.70 range. yesterday’s dip at $3.50 was quickly bid back up to this range. resistance looks to be at $4, where the shorters swoop in for the kill. lots of pressure here but i’m thinking it’s time […]

[Read more →]

i mentioned in another post that i would keep us updated on etrade movements.
a fresh slew of articles this morning crushed etfc’s stock price below $4.
market seemed to provide nice support after the initial stab from the analysts (@$3.95–and resistance at $4), but more bad news, bad quarter, etc. and etrade is going to go […]

[Read more →]

to start this off, i thought i’d mention the major downgrade of ETFC this morning. at the time i’d been long 200 shares w/ an average price of $5.20. Not being a big player, I was faced with two options:

Hold regardless of downgrade and see what happens (could also keep accumulating on the […]