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Filled a few more at 4.02. 7% drop is rediculous on this news. Citidel filed to sell their shares at some time in the future. The market did not expect them to sell at some point? I don't know how it works, but it seems like obvious manipulation to lower the price and cover shorts.
Long term this stock has very little downside risk. Shorts have to cover at some point. BK is pretty much out of the question..
Strong sellers today! Filled a few at 4.15 earlier. Will wait to see if 4.00 holds..
none apparently,,, I'm see .23 x .24
DKAM,, How many at available .23?
Buying the dip...
How much downside really exists here with 104 million shares sold short? I am betting it won't be much.
Took profit today.. Thanks DSTI! Oh and thanks Q Trust for not selling at 3.50 again......
Nice close!!!
DKAM. Every morning it's the same thing. Someone hits the bid with 5000 shares.
I've already spent my allowance for the week... What about you? Have you hit the ask yet today or do you think you can get it lower?
IMO,, DKAM to da MOON!!
Sitting at 3.30 after seeing a high of 3.50??? Hummmmm, I'm calling those bastages out right now! Bet I see a form 4 from Q whatever Trust in the next day or two. I wonder how many they managed to sell this time?
Same question today?
Hoping they will hold off until earnings are announced next week.
Bummer.... I had hoped for better.
http://biz.yahoo.com/bw/080417/20080417006256.html?.v=1
Great day!! I hope it continues AH.......
Come on ETFC,,,, burn shorty!!!!!!!!!!
Nice guess.... duh. I should have known they would be able to keep it down again.
I'll guess that it trades as high as 3.76. Close 3.68....
only a guess.
Nice pick up Suzy!!
Hit 3.50 after hours....
INTC and WM, earnings are inline
tomorrow is looking promising!
I couldn't stand it.... I had to buy a few more here. GLTMe! Looks to me like a desperate effort to keep the price here and cover.....
over 300,000 shares on the bid at 3.35.... who is controlling the price here??
Probably a good idea.... Low 3's may not be low enough.
I guess waiting to see what other financials do prior to Thursday makes sense.
Wow,,, that sure didn't help the ETFC situation. This could get crazy leading up to the CC on Thursday. I don't know how anyone could short at these levels, but I guess it's still happening.
How low can we go before the Q1 numbers come out?
I will be buying in the low 3's.
Is anyone, besides me, expecting to beat -.09?
What a great day for ZOLT when the rest of the market is selling off. Very unusual. Looking for better volume and move to $30 in the next two weeks.
I found this on Yahoo:
Asia Pulse via Yahoo!7 News Thu, 10 Apr 2008 6:48 PM PDT
SEOUL, April 11 Asia Pulse -- A consortium led by LS Networks Corp., a South Korean shoe and apparel maker, said Friday that it will buy a controlling stake in local online brokerage E*Trade Korea Co. The consortium will buy 71.35 per cent of the brokerage firm for 214.4 billion won (US$220 million) from its biggest shareholder, SBI E*Trade Securities Co. The two sides will sign a final contract
Add this with the recent corporate jet sales and it's a good amount of cash on the books. They are trying hard to beat the estimated -.09.
It's not nearly as bad I thought. Lucy a$$ shorts!
No doubt things are not looking good this morning.
I would hope to see some support at 3.67,, if that doesn't hold, it could end up below 3 for a just a minute. Under 3 would be a gift if you ask me. I bet it won't last long.
ETFC has new management, a plan in place to return to the core business, and adding 1000 customers a day. I plan to hold through earnings and get a surprise!!
Apparently earnings estimates were reviesed down today? On Yahoo, it's showing this Q at -.09. That was -.08 earlier this week.
I agree. Shorts trying to keep this under 4 to cover.
Anyone see a reason for this?
I like that short data on the Nasdaq site,, thanks for posting the link!
Somebody got smart covering 14 million, but still 90 left??
Can you believe that from 12/31 to 1/15 short interest increased by 10 million? That means ETFC was sold short under $3?? What kind of sense does that make? At that time, a turn around plan was already in place and capital had been raised. Why sell short under $3 when bankruptcy was obviously avoided?
Yeah,,, shorts worry me. They are pretty smart.
In my experience with investing in pinks, not that it's a lot, investors voices mean zilch..... I'm not trying to sound negative. I am just being realistic.
I still think BKMP has a run left in her even without shareholders up in arms.
What comes next has nothing at all to do with "us".
You have been reading Ihub long enough to know that a leagal response on the pinks is BS.
They still won't sell me any at .0... I have an order in for 26Billion at that price. Crooked mm's,, give me my shares!
That's what I'm talking about!! Let's get fired up!
8 Billion for Absolute? DKAM should have been up 30% on that news alone. Dr. Dre getting ready to launch, plus two new icons that will launch their own brand in the near future... How the price can stay at .33 is beyond me.
Suzy,,,, Looking nice today! Growing stronger!
No kidding! That was terrible news. How can futures and ETFC be up in pre-market with that report out?
Thanks Suzy,, I enjoyed that! So, the company still has a few challenges to overcome, but things are on the right track?
Very nice!! I was not expecting green today!
I agree! There are still so many shorts on this.
What do you think of the possibility and what kind of offer on a buyout from TD Ameritrade or similar broker? Good or Bad?
Pre-Market activity looks like people not taking the AS double very well.