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E*TRADE Financial Corporation Message Board

  • garydouglas1 garydouglas1 Aug 22, 2007 6:28 PM Flag

    Short-Squeeze to $23 Tomorrow

    All news is great news --- and the confluence thereof will result in a skyrocketing share price tomorrow.

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    • Nope. Be realistic. ETFC will stair-step its way back to normal trading levels over the next few months or sooner if a deal is reached with AMTD. But every subsequent stab to the heart of fearmongers is a good thing.

      -Fed will cut interest rates in september by at least 1/4 pt
      -Policy changes being discussed to slow mortgage defaults
      -Liquidity crisis is essentially over, banks have discount window
      -Bush republicans MUST firm up housing industry before elections; homeless don't vote republican!
      -ETrade is a bargain at P/E 8.2 vs AMTD's P/E 13.5 or SCHW P/E 17.46
      -Institutions have cash to invest after recent selloff

      Glad I got in on this steal. Thanks again to all the shorts who helped push ETFC to $10 and gave me my Christmas BONUS!

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