Replies to post #2240 on E TRADE Financial Corp (ETFC)

[arnie70]

now trading at $2.34.
almost time to buy again.
Good luck

[bullcents]

I agree.

The way they have been calculating book val/sh is:

(51,810 - 49,173)/537 = $4.91

Compare with book value shown here: http://finance.yahoo.com/q/ks?s=etfc

If you consider the recent sale of non-core assets, the book val/sh becomes:

(52,510-49,173)/537 = $6.21

I expect earnings to be -0.18 or better. Any thoughts?