E TRADE Financial Corp (ETFC)

[rambob]

Well I have heard in a number of circles the financial sector will be down an additional 12-18 months. I think we are caught in that because I can tell you going from down I think $-3.98 a share last quarter to only down $-.19 a share is a win. With .50 a share upside from the Canada deal when it goes through we will survive the financial sector meltdown. That alone should propel this stock up to a value of $6-7 a share. This stock is worth that easy if Layton cuts it into little pieces one sale at a time. He is in a great position right now. He can sell it all, sell bits and pieces, or just wait until the profit comes pouring back in and retire. Why would you focus on break even now, when Wall Street might not even notice due to the other issues? What the conference call did was assure me: a. We are not going bankrupt by any means, and b. The trading business is growing rapidly and customers are being retained. This stock is worth minimum $5.00 as it is today, but that means nothing anymore. I wouldnt be suprised to see us at 6 tomorrow, and I wouldnt be suprised to see $2.00. Layton is gonna have to wow them to get their attention and first Q '09 I think it will be. Anyhow, I am a buyer for what I can throw at it up till $5.00, on the dips of course.