I haven't been updating Taylor's Portfolio lately. Reasons?
1. Its Fake
2. Its boring. The lack of capital means I'm basically buying and holding
3. I'm freaking embarrassed!!! ETFC has been done like whoa for the past week.
Well ETFC came out with some great news today. New accounts have been opened at a faster rate then accounts being closed (More accounts after being netted) and delinquencies on their mortgages and HELOCS have went down 2 months in a row. This is great news for the company and ETFC did not disappoint. shooting up $.37 or 40.66%
Here is how the portfolio looks right now:
Cash 2.10
ETFC 12.80
Total $14.90
BAM. Up 49% on the year. Now I don't feel so bad telling my brother to purchase ETFC at $1.13 (although I did tell him to sell when it got to $1.30 a couple weeks back).
Suggestion ffrom Luigi. Hold on to ETFC if you have it or add to your position. For those of you not in it already, Get in! Plenty more upside left. The brokerage side is killing it and the bank was killing them. If the bank continues to do well, the sky is the limit.
Wednesday, March 18, 2009
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment