I THINK.
I have an account with Etrade. I traded ETFC a couple of times and made less that 1G. Untill last year I bought 500 shares at $15.35 and held it. I added 1500 sh recently (not at the best timing because I was out of money at that moment). Everage about $15. I hope it would happen, which would yiel a bit of long gains.
http://finance.yahoo.com/news/ETrade-hiring-Morgan-Stanley-apf-1300976104.html?x=0&sec=topStories&pos=8&asset=&ccode=
If this is their scheme to unload their shares I could loss 30% or more.
It had more than 20% gain last week.