BUY Citibank (C) ??

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  • ninner
    Senior Member
    • Dec 2004
    • 524

    sorry but i dont see anything about a reverse split!!!

    Comment

    • yoyomama
      Senior Member
      • Mar 2009
      • 219

      Originally posted by ninner View Post
      sorry but i dont see anything about a reverse split!!!


      Comment

      • yoyomama
        Senior Member
        • Mar 2009
        • 219

        Come on Vitamin C!

        later that same day...I wanted to stay in for the long term but just had to bail

        Phew...got out at $3.78

        Started on 3/18 & 3/19
        $2.58 & $3.33

        Glad I didn't cut and run at -7% but I realize I caught a beginner's break.
        Hopefully I'll be more careful on the next one.
        Last edited by yoyomama; 04-14-2009, 07:10 AM.

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        • New-born baby
          Senior Member
          • Apr 2004
          • 6095

          Originally posted by skiracer View Post
          i would have to agree with nb. if i could get another 2 points from here with C i would be extremely satisfied.
          Ski,
          You happy now? Or are you getting happy now?
          pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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          • skiracer
            Senior Member
            • Dec 2004
            • 6314

            Originally posted by New-born baby View Post
            Ski,
            You happy now? Or are you getting happy now?
            im happier now nb with both c and bac.
            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

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            • yoyomama
              Senior Member
              • Mar 2009
              • 219

              Remind me not to sell at the end of the day while it's moving up. Another lesson learned. Open looks good today.

              Comment

              • New-born baby
                Senior Member
                • Apr 2004
                • 6095

                Originally posted by yoyomama View Post
                Remind me not to sell at the end of the day while it's moving up. Another lesson learned. Open looks good today.
                I don't know if that's the lesson to learn here. The chart has a target, and you should be looking to sell at target. How about that lesson? Lots of times selling at the end of an up day is a good idea. Look at ESI and MM's sell the other day. ESI is looking at $99 yesterday.
                pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                Comment

                • yoyomama
                  Senior Member
                  • Mar 2009
                  • 219

                  Originally posted by New-born baby View Post
                  I don't know if that's the lesson to learn here. The chart has a target, and you should be looking to sell at target. How about that lesson? Lots of times selling at the end of an up day is a good idea. Look at ESI and MM's sell the other day. ESI is looking at $99 yesterday.
                  Yeah maybe not. Today was a first for me using a 7% Stop Order though. HBAN proceeded to lose 7% immediately but it doesn't feel too bad knowing that it could have been alot worse.

                  Comment

                  • yoyomama
                    Senior Member
                    • Mar 2009
                    • 219

                    Can someone explain this to me?



                    I'm trying to wrap my brain around what it all means. How does this affect the average guy that's just buying plain old shares of C...other than the fact that the price went down?

                    Comment

                    • yoyomama
                      Senior Member
                      • Mar 2009
                      • 219

                      What is the deal...for about the past hour and a half C has been

                      3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19, 3.20, 3.19 back & forth.

                      Comment

                      • Stuck
                        Member
                        • Mar 2009
                        • 48

                        Citi is converting more to common stock (CNBC reported the CEO saying that..), it will prob dilute the shares. risky call imo. But you got till may 4th to decide

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                        • dredre609
                          Junior Member
                          • Nov 2008
                          • 17

                          What do you guys think about buying C for the long term? I'm talking a couple years here. I have a strong feeling the government would never let them fail but what would happen to the stock if the bank were nationalized?

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            Originally posted by dredre609 View Post
                            What do you guys think about buying C for the long term? I'm talking a couple years here. I have a strong feeling the government would never let them fail but what would happen to the stock if the bank were nationalized?
                            Karel,
                            can two of us use the same avatar. it is a first. i have no problem with it.
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                            Comment

                            • yoyomama
                              Senior Member
                              • Mar 2009
                              • 219

                              3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11, 3.10, 3.11,

                              Jeez!!!

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