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#1
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Re: Etrade Potential Bankruptcy?
[ QUOTE ]
if u really have balls, buy e-trade on the speculation it will get bought out. [/ QUOTE ] I got in yesterday. Up over 45%. I love panic. |
#2
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Re: Etrade Potential Bankruptcy?
doubled my options, think im gonna let it ride into thursdays announcement
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#3
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Re: Etrade Potential Bankruptcy?
Correct me if I'm wrong but it would benefit citigroup if etrade goes bankrupt right? They obviously can't "lie" but they want to report this news in the most damning manner possible.
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#4
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Re: Etrade Potential Bankruptcy?
ETFC has held two non-earnings related conference calls to provide additional clarity on the composition of their mortgage exposure since the first "potential bankruptcy" rumor started circlulating in August. ETFC prepared a detailed slide presentation for each call. ETFC filed those presentations with the SEC under form 8-Ks. Links below.
Here's the more recent version: http://www.sec.gov/Archives/edgar/da...9928-index.htm Here's the older, less relevant version: http://www.sec.gov/Archives/edgar/da...2439-index.htm |
#5
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Re: Etrade Potential Bankruptcy?
[ QUOTE ]
Are my stock holdings insured/protected or is it possible that I will lose these holdings if they go bankrupt? [/ QUOTE ] E*Trade claims that your holdings are insured by the SiPC up to $500,000 including $100,000 for cash claims. They also claim that they offer an additional $150,000 insurance per account through a London insurer. If they are telling the truth, then you are fine as long as your holdings don't exceed $650,000. However, if they go under, your assets may be frozen while they sort things out. |
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