ETFC : E*Trade again

So E*Trade made it again.

Tonite Reuters claimed E*Trade (NASDAQ:ETFC) gets a $2.55 billion cash infusion from a group of investors led by Citadel Investment Group that already owned a share in E*Trade and will have a bigger share at about 20% now.

I wonder if those guys already went in at 3.46 last week when the stock was hammered down by speculation and rumors … Maybe one should invest in Citadel or in Blackrock since they got a nice pre-xmas present: a $3 billion asset backed portfolio for just 800 million dollars plus 20% of E*Trade. Sounds quite a good deal for me. Who gives me 1 dollar for my 25 cents?

So guys – what moron sold his ETFC-shares yesterday for some bucks? A lot of idiots who went short and talked the stock down are now bleeding, I guess.

After gotten rid of the sub-prime mess E*Trade should be quite well doing as an online broker like it was from the start. Back to the roots so to say.