Shattered
Louis Eugene Navallier predicted in Oct 2008 that C would be shattered into 1,000 tiny pieces. If they dump Smith-Barney, that's the first piece.
BUY Citibank (C) ??
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The fact that Citi is looking to dump Smith Barney is a bad signal in my opinion. They wouldn't have any such intention if they felt comfortable with their balance sheet position.
Something stinks.
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I'm sure all us taxpayers appreciate the fact that C spent $400 mil to have their name plastered all over the stadium...Maybe those laid off auto workers can move to NYC and get their share of the bailout by selling beer and peanuts at the Met's games...Doug
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The Nationals' Ryan Zimmerman hits a walk-off homerun in the bottom of
the 9th against the Atlanta Braves on Mar. 30. Probably just "luck." lol
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Yes Rob...We all have egos...Even Me...lol...I'm glad you made some nice bux...But it was really just luck...I've made money many times which I attribute to that "Angel In My Pocket"...I won't give it back...But it was just a lucky call...Hope you are out or will be soon...Doug
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Rob is HUGE....if it gets to 12, I break even.Originally posted by Rob View PostThanks for the congrats, New-born. As far as knowing what I'm doing ... well, sometimes I'm right and sometimes I ain't right, just like anybody else. When I am right, I like to exercise bragging rights just a little bit.
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Thanks for the congrats, New-born. As far as knowing what I'm doing ... well, sometimes I'm right and sometimes I ain't right, just like anybody else. When I am right, I like to exercise bragging rights just a little bit.Originally posted by New-born baby View PostCongrats on the big winner. I should have learned by now: Rob knows what he's doing; leave him alone.
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Congrats on the big winner. I should have learned by now: Rob knows what he's doing; leave him alone.Originally posted by Rob View PostBut you see, NBB, I FIGURED that the gov't was probably going to "mess with" Citigroup ... which is WHY I bought some on Friday. My only regret now is that I didn't buy more.
I rechecked my purchase price, and it turns out I bought even lower than I thought. My entry is 3.93. I don't know where I got that 4.13 number.
Let's see ... (5.95-3.93)/3.93 = 51.4% one-day gain. That's pretty huge, is it not? So in answer to your original question: THAT is what I was doing.
Send me your finest wines and spirits! LOL
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But you see, NBB, I FIGURED that the gov't was probably going to "mess with" Citigroup ... which is WHY I bought some on Friday. My only regret now is that I didn't buy more.Originally posted by New-born baby View PostWhen the gov't messes with the free market, prices do not react normally.
I rechecked my purchase price, and it turns out I bought even lower than I thought. My entry is 3.93. I don't know where I got that 4.13 number.
Let's see ... (5.95-3.93)/3.93 = 51.4% one-day gain. That's pretty huge, is it not? So in answer to your original question: THAT is what I was doing.
Send me your finest wines and spirits! LOL
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When the gov't messes with the free market, prices do not react normally.Originally posted by Rob View PostImclone doesn't make pills. But it makes lots of money.
What Citigroup gonna do today, Newborn?
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Is C really worth that much more than the entire U.S. auto industry and therefore worth piling more billions of dollars into it? Banks are a dime a dozen, automakers are an endangered species.
---------------billy
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