After getting absolutely crushed (losses almost equivalent to a barrel of oil!) for 6 months now we have consolidated our positions to ETFC and V. E*Trade looks to be a waiting game, but one that I am daily growing more positive about. The company's turn-around plan is shaping up as promised and appears to be on schedule. Check out the long case for ETFC here:
E*Trade Primed for a Breakout
Seeking E*Trade's 'Magic Moment'
Entered a position in Visa on the dips and looking to see this one continue to perform well. This will be the 'anchor' for the portfolio. Need convincing? More Seeking Alpha perspective:
Visa Keeps Charging Ahead
We will hold through earnings season while we work on our plan of meeting our earnings goal by years' end.
Monday, May 26, 2008
ETFC and V....All In
Posted by BayCityJay at 7:07 PM
Labels: E*Trade, ETFC, Stock Market, stock picks, V, Visa
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