E-Trade Finance (ETFC) NewsBite - ETFC Featured in a Bloomberg Video Report
Posted on Monday, June 30, 2008 2:11 PM
E Trade Finance
(ETFC) opened at $3.14. So far today the stock has hit a low of $3.13 and a high of $3.22. ETFC is now trading at $3.15, up 0.05 (1.61%). After hitting a one-year high of $23.63 in July, the stock hit a one-year low of $2.08 in January. ETFC was covered in a Bloomberg Video Report today. To see the video report go to
www.marketintelligencecenter.com/VideoNews.asp . Technical indicators for ETFC are neutral and deteriorating, while S&P gives the stock a neutral 3 Stars (out of 5) Hold rating. For a hedged play on this stock, consider a January covered call at the $2.50 level. The stock could lose up to 31.7% before this trade loses money. [LHF- Seven Summits Strategic Investments NewsBite]