Marketbrief--Thanks for your assertion that you are not a slammer. I've always believed, however, that one's actions are far more defining than one's words, and I was hoping for a response to the points that I made in my post, such as your previous dismissal of analysts who have recommended E*Trade as being "third-tier shills"--which they clearly are not--and your implying that E*Trade somehow mysteriously persuaded them to recommend its stock--which is patently ridiculous on the face of it (how is that even possible?). This is, in my opinion, the definition of a slammer--one who slams a stock with no credible basis to do so.
If you're not a slammer, then please answer where you arrived at your "third-tier shill" characterization of analysts who had recommended E*Trade , and how you feel it is possible that E*Trade persuaded these "shills" into recommending the stock in the first place. Of course, if you want to add answers as to how is it that you've been "amused," as you rather pompously put it, "by the flurry of bullish "news," upgrades, reiterations, and earnings revisions while EGRP has lost a third of its price in the last few weeks." As I noted in my earlier post: "you put news in quotes, implying that the releases that E*Trade has made are not news. Excuse me, buying Telbank isn't news enough for you, it's 'news?' What is amusing about the fact that E*Trade has been upgraded by numerous analysts? Care to explain? I didn't think so. 'Reiterations?' What do you mean by that? 'Earnings revisions?' What are you talking about?"
This again is what slammers do, they invent things that aren't true and then post them as if they were fact. What "reiterations" do you mean, what "earnings revisions" can you cite? I'd be happy to learn what you meant by them, but your last post didn't contain a clue. Please advise.
Your last post asked: "don't you find it the least bit ironic that press releases touting EGRP as being THE NUMBER ONE, or MOST blah blah SITE ON THE NET!!! have been pouring out steadily as price has drifted lower and lower?" What a ridiculous question! What would you advise E*Trade's press department to do when Gomez just gave them the number one online broker rating, decide that since the stock has lost ground in the past six weeks (after skyrocketing in the previous 5 months) that it would be unseemly to put out a press release? Again, please advise.
Finally, your explanation of the "real dilemma" here is not accurate. I have no problem with short-term traders, nor long-term skeptics, nor folks who sell EGRP short. As I mentioned, we've had great conversations on this thread with several folks who fall into those categories, and I wish that there were many more of them here. It does none of us any good if this is just a cheerleading forum where we all slap ourselves on the back and tell each other how great E*Trade is and what geniuses we are. My problem is when folks come on to the thread and post things that aren't true (and I could characterize this more harshly, but I won't). Those folks are slammers (at best), and if you're not one of them, then please answer the very specific questions that I just posed. |
