Submitted by Bradley Tinney03.01.2008
Thunderdome
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This prediction is closed and has been judged.
Judgment on January 6, 2009: No company made an official bid to buy the struggling Internet-based brokerage firm E*Trade in 2008, which the community correctly predicted. -- The Industry Standard
Original prediction: "Many suggest E*Trade could be a great buyout target, either for a healthier discount rival such as Ameritrade or a more traditional rival like Bank of America (BAC). Its recognizable brand and well-regarded technology make E*Trade a tempting target." - BusinessWeek.
This is a prediction that E*Trade will be offered an acquisition proposal (Ameritrade, Bank of America, or anyone else) by the end 2008.
Price History
Prediction Statistics
| Betting Closes: | Dec 31 2008 | Current Consensus: | 7.59% | Total Bets: | 42 |
| Today's Change: | 0% | ||||
| Life Time High: | 53.74% | ||||
| Life Time Low: | 7.59% |
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E*Trade may seek federal aid
Although it seems likely for consolidation in the brokerage industry, this is not likely in the remaining time in 2008 (especially federal aid is granted).
E-Trade still waiting on TARP funds. Unfavorable judgment can now be rendered.
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