E TRADE Financial Corp (ETFC)

[Iggles2009]

I'm thinking of taking a position here. Have been watching for a while. I like the part about the growth in the online business and the future focus on online brokerage,

2009 was a watershed year for E*TRADE, as the Company positioned itself to achieve sustainable, profitable growth by successfully recapitalizing the balance sheet and maintaining its focus on the online brokerage business,” said Robert Druskin, Chairman and interim CEO, E*TRADE FINANCIAL Corporation. “The online brokerage business performed extremely well, recording its highest level of DARTs for any year and delivering strong organic growth in brokerage accounts, cash, and margin receivables.”

I frequent some boards with some heavy traders. Whenever a poster brings up the idea of switching and asks for suggestions, seems there is always a "you can never go wrong with E-trade" especially for penny/pinks where alot of trades are made daily.
Good luck to all.