E*Trade stock is up 30% on chatter

E*Trade Baby Commercial via You Tube

E*Trade stock closed $7.99 a share on  January 26, 2012, and the only way is up after that January 26th close. E*Trade closed on Wednesday, March 14 at $10.40 a share or 30% higher than 48 days earlier. The rise in stock price does follow a rocky end of the 2011 for the online brokerage firm. E*Trade made an announcement to stay the course as an independent entity, and this announcement did not make many investors happy as the stock tanked to close at $7.49 on December 19, 2011. The matchmakers on Wall Street has embraced a definite acquisition of E*Trade, and the hopes of a marriage made in financial acquisition heaven seem to have rekindled with the recent jump in E*Trade stock as fundamentals are not supporting the recent moves in price…

E*Trade (NASDAQ: ETFC)

The on-again, off-again chatter on E-Trade (ETFC+1.3%) getting bought out are back on after a taking a breather. Earlier today, the companyannounced a 16% M/M increase in DARTs for February and a net positive $1.9B change in assets for the month.

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