E*Trade Files Monthly Operating Report
- Posted by ToddSullivan
- on December 17th, 2009
Improvements still happening in both the brokerage and loan portfolios.
The only thing holding back a potential buyer of E*Trade (ETFC) is a potential problem with its loan portfolio. With every month that goes by and the portfolio continues to improve, the likelihood of a potential buyer stepping up increases. TD Ameritrade (AMTD) continues to be the odds on favorite to be the buyer, most likely because its CEO keeps talking about buying them.
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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Todd's investing strategy is essentially long with the rare short. He seeks to buy undervalued issues with an upcoming catalyst that will help them realized.... More »
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