The "up-to-the-minute Market Data" thread

reply to post by GreenBicMan


I don't believe Citi will ever be dismantled and sold in parts like Bear Sterns, with Share Holders being wiped out. Yes, almost every stock on the S&P is at generational lows.. we hit late 1980's levels.. we had a huge correction.

Other then that, I fail to see your point. Are you advising we all buy Citi shares? .. Because, as you know .. discussion of stock picks is banned here on ATS? Those of us that look to buy, buy, but it's personal business that is not brought onto the boards.

So really, I fail to see the point your getting at?

reply to post by GreenBicMan
Well shucks...get in on that SKF and FAS...

What ya waiting for???

When ya get that "big" move...come on by and rub it in our face...

Not hard...back it up??

reply to post by Rockpuck


no, all i said was really

CITI = AMERICA

I bet on america

That all im really saying, and I thought you were referencing that as well in your previous post

As everyone knows, I advocate nothing

Originally posted by Hx3_1963
reply to post by GreenBicMan

 

Well shucks...get in on that SKF and FAS...

What ya waiting for???

When ya get that "big" move...come on by and rub it in our face...

Not hard...back it up??

well i mean citi,fas,bac avg. up around 15% today each so thats not too bad I would say - too bad i couldnt get my sea legs about me to jump in

and from my charts i posted a few weeks ago, i could prob. do some "rubbing" but I like you HX, but am in favor of a new avatar for you.

[edit on 13-4-2009 by GreenBicMan]

reply to post by GreenBicMan


The DOW volume was 7,583,691,500 with 64% of it DOWN

834,742,600 for C is nothing comparatively

22,267,434 AH volume

Last month's AVERAGE volume for DJIA was 9,059,210,000

So today's volume was 20% lower than the average volume from last month

And Citi's volume was 11% of the total volume, not surprising since we all know that financials were the only market movers today

you are betting it all on a less than $5 stock from a company that had $18.1 billion in write-downs last quarter.

and was trading at $50 a share 18 months ago

Sorry, but I don't get my jollies by beating a dying horse, but you are welcome to the sadism.

Chart of dying horse

reply to post by GreenBicMan


The Government has chosen the institutions to survive, and pointed out the institutions to fail. I would agree that as long as the US Government is solvent, Citi will exist in some form.

Whether that means their common stock (what your referencing I believe) will retain even the value it has now is certainly unknown. I personally believe Citi will drop back to the $1-2 dollar range before Fall, and Citi will request a reverse split 2:1 or 4:1. The Reason I say this is that the expansion of their capital was in relation to the expansion of their services. Citi has shut down some branches of operation, sold some, and are planning further cuts. This would reduce the size of their operations, and thus, their profits.. this will likely keep the Common Stock lower unless there is in fact a Reverse Split. 99% of the time, if you own shares before a reverse split you never recover the full value of what you paid. unless of course it was at obscenely low levels.

No large corporations stock is considered healthy at under $5 a share. Most hedge funds don't even touch them. Citi being a special circumstance.

reply to post by redhatty


in this instance sir, i recommended this bird back a while ago (for myself, not for anyone else) and would be up around 250% or so i believe (minus tomorrows bigger open) which, im sure even for you, would be a sizeable gain

but let me pose the same question..

if gov. doesnt let C fail, in the end, what is the downside?

reply to post by redhatty


I prefer dragging the chart all the way to the end... can you say .. inflationary bubble? Ever since the 90's it's been bubble after bubble, until the mother of all bubbles popped.

reply to post by Rockpuck


Rockpuck, he is only supporting his thesis, with everything he has in him, to the end.

It matters not that he has no grasp of market fundamentals, VWAP, Stochs or elliott wave.

He sees a stock his paltry money supply can purchase and prays he will make money.

When it falls again, he won't be on the thread, he only pops in during the sucker rallies.

Don't let it bother you.

reply to post by Rockpuck


yeah, they have spooked about a reverse split..

but, hey i tell you what brother, lets just see what happens, all in all, you have to be for america, so dont hate

reply to post by redhatty


hahaha

my financial being is so decimated lately..

still have tiesto

and i am quite healthy i guess..

But hey - a gain is a gain right?

Ill bottom feed, im not above that hahahahahahaha

reply to post by Rockpuck


lol...

yeah, its bubble after bubble.. then we hit new higher highs down the road... i guess it might be that i have XXX amt. of years to invest, so im not worried about it i guess as much as you guys..

i dont mean anything by that... obviously just diff. perspectives

reply to post by Rockpuck
What a short memory "you" have...

Citi done did a "Reverse-Split" already..."member 2 fers?"

...GBM...get over it...

Major "Scroomage" is in the cards...

reply to post by GreenBicMan


I don't really get your meaning. Are you saying that because most here are day-traders of some nature and close positions within the session, or are you calling me old?

Originally posted by burntheships
reply to post by Hx3_1963

 

Cant you just see billy Crystal feeding Bernanke, Paulson, and Geithner
some chocolate covered skittles?

More like # covered skittles with a side of horrible.

reply to post by Rockpuck


i didnt know anyone here was really a day trader or fund manager etc..

im not calling anyone old... I just dont see immediate demise or gloom, just a bright future

mmmmmmmmmmm feed me skittles (for you redhatty and hx)

p.s. i really do see a bight future

Huh...

No one remembers when Citi did a 2 fer 1 in Feb??

Short memory's will be the death of whats left of out "market"...

Originally posted by Hx3_1963
Huh...

No one remembers when Citi did a 2 fer 1 in Feb??

Short memory's will be the death of whats left of out "market"...

it did???

hold on i need to look this up brother...

dont remember this... but i have ingested a few toxins since then i suppose

reply to post by Hx3_1963


I think you may have read the news wrong buddy.. there was no reverse split of shares in Feb. The first mention was in March, but the idea was shot down due to Government stipulations.

reply to post by Rockpuck


yeah i just checked this as well..

there was a rumor i think about a week -2 ago of this that got everyone spooked which i referenced and RP did at top of this page