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8 pts

Opinion on  E*Trade Financial Corp (ETFC)     Sector: Financial  >  Industry: Investment Services
Play the volatility. Brokerages on the block

Mar 31, 2008 12:38 AM GMT

E*Trade is a good short term trade, where they are either going to sell off the brokerage division or someone is going to do a cash infusion. The current price is low, keep an eye on this one and if financials start to move up, this one will too. If it hits $3.50 again, BUY and buy again on the next dip.

ETFC:  This call was made on 03/31/08 @ $3.74
Rating:   Positive   $3.74 (03/31/08)
Gain/Loss:   -55.61% in 604 days
Target:   $5.50 (+47.06%) in Three months


+ Referring to this analysis:


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Who voted on this idea?
Condor
Doodahdoodoo 41% 03/31/2008
luks22 50% 03/31/2008


Ratings referring to this analysis Agree     Disagree

Positive
N/A 		Bullish on ETFC ...
luks22 03/31/2008
0


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