Tuesday, July 18, 2006

E Trade and Disney

Putting aside stock price performance for a moment, I seem to be dead on with these two companies

With Disney, I predicted stellar results for Pirates, and I have been correct. Ok, that was probably an easy call, but it does lead to great bottom line results.

E Trade is also poised for great results. Ameritrade reported 67% increase in earnings. ET is in the same boat. Merril Lynch also reported strong results from the trading desk revenue.

4 Comments:

Anonymous Anonymous said...

Ameritrade had a nice run becoz of earnings.Aren't we missing an opportunity with ET?.When are we going to load some positions in LR ?

12:51 PM  
Anonymous Anonymous said...

I went ahead and bought ET @ 21. I hope they beat wall st and has a nice ruoff to recover the recent losses.

6:58 AM  
Blogger Andrew said...

Good for you. As I've said, I believe in the stocks we bought and got STOPped out of. I seem to have missed today's run-up, but I made a decision to stay out this week.

1:02 PM  
Anonymous Anonymous said...

Thanks Andrew, Its indeed was a pretty run-up before the results. But, I personally was not impressed with the results. They just beat by 1 cent and most of their revenue came from cash rather from the trading desk. What does that suggest? To keep or take 6% profit and dump...

9:12 PM  

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