> Posted on Yahoo message board!

>  I was looking at the OTS Applications for E-Trade and found a filing
> I hadn't seen before. Hoping someone can shed some light on it. The
> application basics are:

> Type: OPERATIONS
> Category: CAPITAL DISTRIBUTION(563.143)
> Subcategory: IN EXCESS OF LIMITATIONS

> It is dated Sept. 29 with a decision date of Dec. 18th. I'm a novice
> to this type of thing so took a quick search for Capital Distribution
> and In Excess of Limitations (company has capital that does not count
> towards its tier 1 capital requirements) on the OTS site and the CFR
> (Code of Federal Regulations) for what this may mean. I found one
> document that gave three possible reasons for the filing of this
> application (I'm not convinced any of these three are applicable to
> this application, but???).

> 1. Company is planning on paying dividends (Yeah right! Don't think
> that is going to happen any time soon).

> 2. Company is going to buy back stock (way too early for this maybe in
> late 2010 or 2011. Could it be E-Trade is making the preparations for
> a stock buy back? - Again, seems early for that.)

> 3. Cash-out merger. (Could a deal have been made on Sept. 29th and is
> awaiting regulatory approval? Don't they usually announce the deal and
> say it is pending regulatory approval??

> A second document noted that this filing could be due to an internal
> reorganization (perhaps a left-over detail when the brokerage was put
> under the bank?)

> Anyway, just wanted to see what others thought of this OTS filing.
> Anyone have experience with this type of application before?

> On Nov 23, 7:07 pm, rronnieboy <rronnie...@gmail.com> wrote:

> >http://www.ots.gov/?p=ApplicationSearch&appid=R2-2009-0202

> > Posted on Yahoo message board!

> >  I was looking at the OTS Applications for E-Trade and found a filing
> > I hadn't seen before. Hoping someone can shed some light on it. The
> > application basics are:

> > Type: OPERATIONS
> > Category: CAPITAL DISTRIBUTION(563.143)
> > Subcategory: IN EXCESS OF LIMITATIONS

> > It is dated Sept. 29 with a decision date of Dec. 18th. I'm a novice
> > to this type of thing so took a quick search for Capital Distribution
> > and In Excess of Limitations (company has capital that does not count
> > towards its tier 1 capital requirements) on the OTS site and the CFR
> > (Code of Federal Regulations) for what this may mean. I found one
> > document that gave three possible reasons for the filing of this
> > application (I'm not convinced any of these three are applicable to
> > this application, but???).

> > 1. Company is planning on paying dividends (Yeah right! Don't think
> > that is going to happen any time soon).

> > 2. Company is going to buy back stock (way too early for this maybe in
> > late 2010 or 2011. Could it be E-Trade is making the preparations for
> > a stock buy back? - Again, seems early for that.)

> > 3. Cash-out merger. (Could a deal have been made on Sept. 29th and is
> > awaiting regulatory approval? Don't they usually announce the deal and
> > say it is pending regulatory approval??

> > A second document noted that this filing could be due to an internal
> > reorganization (perhaps a left-over detail when the brokerage was put
> > under the bank?)

> > Anyway, just wanted to see what others thought of this OTS filing.
> > Anyone have experience with this type of application before?

> Posted on Yahoo message board!

>  I was looking at the OTS Applications for E-Trade and found a filing
> I hadn't seen before. Hoping someone can shed some light on it. The
> application basics are:

> Type: OPERATIONS
> Category: CAPITAL DISTRIBUTION(563.143)
> Subcategory: IN EXCESS OF LIMITATIONS

> It is dated Sept. 29 with a decision date of Dec. 18th. I'm a novice
> to this type of thing so took a quick search for Capital Distribution
> and In Excess of Limitations (company has capital that does not count
> towards its tier 1 capital requirements) on the OTS site and the CFR
> (Code of Federal Regulations) for what this may mean. I found one
> document that gave three possible reasons for the filing of this
> application (I'm not convinced any of these three are applicable to
> this application, but???).

> 1. Company is planning on paying dividends (Yeah right! Don't think
> that is going to happen any time soon).

> 2. Company is going to buy back stock (way too early for this maybe in
> late 2010 or 2011. Could it be E-Trade is making the preparations for
> a stock buy back? - Again, seems early for that.)

> 3. Cash-out merger. (Could a deal have been made on Sept. 29th and is
> awaiting regulatory approval? Don't they usually announce the deal and
> say it is pending regulatory approval??

> A second document noted that this filing could be due to an internal
> reorganization (perhaps a left-over detail when the brokerage was put
> under the bank?)

> Anyway, just wanted to see what others thought of this OTS filing.
> Anyone have experience with this type of application before?

> On Nov 23, 1:11 pm, MadKipper <madkippe...@yahoo.com> wrote:

> > Bove, a famously bearish analyst, said recently that the share price
> > would get to $1.72 after debt taken into account, but another
> > contributer reckons Bove used last years data instead the apparently
> > normal process of using next years projected figures.

> > Most people on the forum believe a minimum of $2 with $3 being more
> > likely.

> > Let's hope Monday next week has the announcement we're so eagerly
> > waiting for....

> If Layton is not lying and Eturd is recovering, why would Layton want
> to sell it?

> If Layton is lying and Eturd is dying, why would anyone buy it?

> An acquisition just really does not make sense to me.

> On Nov 23, 9:13 am, Fisherman99 <eddie.fisher...@gmail.com> wrote:

> > Of course $3 is cheap, but given the SP of $1.65 actually it's not so
> > bad. A lot of regional bank stocks are traded with a discount to their
> > book-value...

> > On Nov 23, 3:51 pm, MadKipper <madkippe...@yahoo.com> wrote:

> > > Yes, I have to agree that $3 is awfully cheap considering the share
> > > price will probably get up to $4 by July after Q2 2010 profit is made
> > > official...

> > > It would be very nice for us if the stock price gets close to $3 by
> > > early January..... :)- Hide quoted text -

> > - Show quoted text -

> On Nov 23, 11:47 am, MiltyOO <blackburn7...@gmail.com> wrote:

> > I didn't try to av down as I put rest of funds in ACTC! Check them
> > out!
> > Thanks
> > Milty

> > On Nov 23, 11:45 am, MiltyOO <blackburn7...@gmail.com> wrote:

> > > Well I'm long on ETFC, as I was doing good buying shares back when I
> > > started trading with ETFC. Unfortunatly I'm in for av. of 2.45pps!
> > > Milty

> > > On Nov 23, 11:38 am, capn <l...@hotmail.com> wrote:

> > > > MiltyOO - not really.  It's nice but it doesn't say all that much.  Be
> > > > cooler if they, say, got Google.

> > > > Y'all gotta do what ya gotta do.  Just don't be disappointed if ETFC
> > > > does not do a deal until next year.  I'm serious.  I think the shorts
> > > > are betting on the simple fact that the price is going to dip b/c many
> > > > are going to be upset that the recent rumor wasn't fact.

> > > > But I say this - if there was a deal WE really would not know it until
> > > > the last minute.  But there had to be a reason why ETFC and AMTD were
> > > > both commenting in the news last week AND you have to read that crap
> > > > real carefully.  Like I said, my suspicion is that ETFC got was
> > > > approached by an entity considering an offer.  Layton let AMTD get a
> > > > whiff of that happening and that's why they got in to this exchange of
> > > > - acquisition is at the top of AMTDs list and DL knows how to walk the
> > > > consolidation field/we're 80% healed crap.

> > > > Buy to invest.  Trade to sell investments that have matured.  GLTA

> > > > On Nov 23, 11:32 am, MiltyOO <blackburn7...@gmail.com> wrote:

> > > > > Dosen't the acquisition of the Yahoo account give creedence to ETFC's
> > > > > incom/cash flow and equity in the company?
> > > > > Milty

> > > > > On Nov 23, 11:23 am, Fisherman99 <eddie.fisher...@gmail.com> wrote:

> > > > > > Layton is the CEO, he's working at and for ETFC and he's leaving on
> > > > > > 31.12.2009. He's not the owner of ETFC, the shareholders are the
> > > > > > owners. Ok, he's a (smaller) shareholder, too, because he is partially
> > > > > > paid in shares/options. So, if he finds a buyer for ETFC, the value of
> > > > > > his shares will rise, he's able to cash in some profit, as the other
> > > > > > shareholders. Quick profit, money, You understand? No connection with
> > > > > > lying or not, it's just about nice quick money. By the way, management
> > > > > > is holding some millions of ETFC shares. No insider selling this
> > > > > > month.

> > > > > > On Nov 23, 4:47 pm, niche168 <hinkyimp...@gmail.com> wrote:

> > > > > > > You need to praise the Lawd if this can stay above $1.6 until the end
> > > > > > > of this year.

> > > > > > > If Layton is not lying and Eturd is recovering, why would Layton want
> > > > > > > to sell it?

> > > > > > > If Layton is lying and Eturd is dying, why would anyone buy it?

> > > > > > > An acquisition just really does not make sense to me.  Does this turd
> > > > > > > look like it's gonna move to you if there is no acquisition?  Give me
> > > > > > > a break!

> > > > > > > On Nov 23, 9:44 am, proToss <henry...@gmail.com> wrote:

> > > > > > > > We have been hovering around 1.6x for 2 days now. Volume seem
> > > > > > > > slackening, but prices held which is a good sign. Everyone seems to be
> > > > > > > > in a wait and see mode and plus the holiday season is coming, I am
> > > > > > > > sure many investors are off the desk.

> > > > > > > > My guess is we have to wait until next year till anything will happen.
> > > > > > > > However, the good news on the housing problems seem to be easing(see
> > > > > > > > link:http://www.cnbc.com/id/34107568, which can only mean higher
> > > > > > > > valuation for Etrade.

> > > > > > > > Ultimately, buy out or no buy out, this stock is easily worth AT LEAST
> > > > > > > > $2.5 and that is to say the LEAST.

> > > > > > > > GLTUA- Hide quoted text -

> > > > > > - Show quoted text -- Hide quoted text -

> > > > - Show quoted text -- Hide quoted text -

> > > - Show quoted text -- Hide quoted text -

> > - Show quoted text -- Hide quoted text -

> - Show quoted text -

> Most people on the forum believe a minimum of $2 with $3 being more
> likely.

> Let's hope Monday next week has the announcement we're so eagerly
> waiting for....

> So now that the expected refinancing has come to pass, and
> institutional investors are apparently eager to buy up the company's
> debt, the path would seem clear for TD Ameritrade to make its move if
> E*Trade is truly on its wish list for the holiday season.

> While the refinancing in and of itself doesn't remove any hurdles that
> stood in the way of a deal in the past, the eager institutional
> interest to the debt sale could embolden TD Ameritrade to make a much-
> discussed play for E*Trade Financial(ETFC Quote).
> The offering's success removes really the only concern about TD
> Ameritrade's balance sheet expressed by Moody's Investors Service when
> it boosted its issuer and senior secured ratings for the company's
> debt on Nov. 16. The agency cited better operating performance and
> credit metrics for the move, and said then that it expected Omaha,
> Neb.-based TD Ameritrade to address its "concentrated debt maturity
> profile" in due course, referring to the fact that most of the
> company's long-term debt was carried on a term loan maturing in
> December 2012.

> Apparently they now have $6B in cash to go shopping for E-Trade...
> What is the maximum price we can expect our shares to reach if they
> buy all of E-Trade with $6B?