ETFC Down Another 16%, Nearly Hits $2
I feel like I am a media reporter watching Britney Spears screw up and just move closer and closer to insanity. Etrade Financial, ETFC stock has just been getting pounded day after day and there is no signs of where the bottom actually lies.
Check out this intraday chart thus far of ETFC,
The stock hit $2.08 earlier today, are you kidding me?!
As of this post ETFC is sitting at $2.36, down 16.61% on the day.
More on this topic
(What's this?)
E*Trade Takes a Step Toward Recovery With Sale of Assets
(Money Morning, 1/9/08)
Citadel Throws E-Trade a $2.5 Billion Life Raft
(Money Morning, 11/29/07)
Buy me some E-trade - ETFC, SHLD
(The Wild Investor, 11/29/07)
--
Posted by Blain Reinkensmeyer on January 8, 2008 at 1:00 pm --
Discuss this post in the StockTradingToGo Forum or email us.
Subscribe To StockTradingToGo.com
Got the StockTradingToGo Newsletter?
- Professional Stock Picks and Tricks
- Weekly Blog Highlights
- Free Subscription to EPIC Insights!
Related Posts From the Past:
- ETFC Fresh Multi Year Lows Looming?
- ETFC and CFC Sell Off
- The Comeback Kings, YHOO ETFC WM DRYS
- E-trade Offers Great Example of Extreme Price Volatility
- Fannie Mae’s Doom and Gloom


So you think it will go back up? I think some of the major financials will eventually go back up. I’m just not invested in any of them right now
Man that is take-over pricing right there