Citadel Sells 27.4M Shares of E*TRADE, Time to Get Bearish or Time to Buy?

E*TRADE Financial (NASDAQ: ETFC ) has taken a hit after the company announced a 27.4 million share secondary offering after the close Wednesday, but will it remain down today? The offering, which was offered by its affiliate Citadel, reportedly sold out in roughly eight minutes despite the pricing having not