After digesting the earnings miss for C, I’ve decided to take may small position in ‘C’ off the table. I sold today at 12:04 for $28.7401 per share. That closes out ny 11/21/2011 purchase at $24.99 per share resulting in a nice 15% two month profit. A new problem on the horizon was brought to … [Read more…]
It’s been a wild ride with Citi Group, Inc. Last March C was trading at $4.50+, when it dropped to $24.35 on 9/22 and $23.10 on 10/3 I bought only to sell 13 days later for $28.95. Today I’m starting a new position with C with a buy at $24.99. This will be 1/4 of … [Read more…]
My plan is to pickup Citi under $35 after the split. Long term, I’m still bullish on C. Short term, I’m completely out.
I was disappointed this morning when the market was up 133 points on the Dow. Relax in this market, my bottom fishing trade opportunities are still alive and possible. Here is the latest recap on my bottom fishing buys.
Looking for great deals on Tech, Finance, and high dividend yielders.
I picked up my first 1/4 position in C at $4.50 but is it headed to $3.50?
I hope not but if it does, I’m ready to buy more.
Fantastic opportunities once again are presenting themselves to investors. I’m ready with more cash right now.
Before the market opened today, I picked up 1/4 of my max position in C at $4.50 -08:23:37 04/19/10.
Buy GS at $160 and C at $4.50.