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C - Citigroup - Page 416

post #8301 of 8483
1/18/11 at 2:20pm
Yea, you never know. I have a real small position in Mar 6.00 calls so not to worried about it just let em sit there and see what happens in a couple months
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post #8302 of 8483
1/18/11 at 2:25pm
Quote:
Originally Posted by bluehaze013 View Post
Yea, you never know. I have a real small position in Mar 6.00 calls so not to worried about it just let em sit there and see what happens in a couple months
If this gets veiwed as a buying opp then it will turn around and head up.Could go either way.
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post #8303 of 8483
1/18/11 at 2:40pm
Quote:
Originally Posted by bluehaze013 View Post
20% down day? That would be impressive... I wouldn't be surprised if it ends up closing over 5.00 Iafter the initial selloff think most were expecting a miss.
After conf call, we will see which way it goes.
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post #8304 of 8483
1/18/11 at 3:00pm
The calls were only a nickel not much to lose, have to play it safe with C. If it can get back over 5.00 it will get to 6 by Mar. If not probably heads back to 4. Should be fun to watch.
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post #8305 of 8483
1/18/11 at 4:02pm
are you guys seeing a drop to 4.70? even 4.15s?
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post #8306 of 8483
1/18/11 at 4:04pm
Quote:
Originally Posted by ze20001984 View Post
are you guys seeing a drop to 4.70? even 4.15s?
I think 4.80 maybe but not way down to low $4s
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post #8307 of 8483
1/18/11 at 4:18pm
We'll know in a couple days. It's not doing too bad considering they missed earnings by 50%
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post #8308 of 8483
1/18/11 at 4:48pm
Possible gap fill to $4.77?
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post #8309 of 8483
1/18/11 at 5:20pm
Quote:
Originally Posted by CsT View Post
Possible gap fill to $4.77?
Looks like it is a posibility...
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post #8310 of 8483
1/18/11 at 5:31pm
Bottoms falling out good now. Looks like its headed back toward 4.00 to hang out for another year.
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post #8311 of 8483
1/18/11 at 5:42pm
ill buy em at 4. this stock called the market top last time in april and im hoping for it to do it again
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post #8312 of 8483
1/18/11 at 5:46pm
look at that volume!
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post #8313 of 8483
1/18/11 at 5:56pm
Quote:
Originally Posted by bluehaze013 View Post
Bottoms falling out good now. Looks like its headed back toward 4.00 to hang out for another year.
Then why don't you buy some puts?

$$$$
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post #8314 of 8483
1/18/11 at 6:23pm
this is a buying op..!!
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post #8315 of 8483
1/18/11 at 6:25pm
Quote:
Originally Posted by mxdave View Post
If this gets veiwed as a buying opp then it will turn around and head up.Could go either way.
Quote:
Originally Posted by midsy View Post
this is a buying op..!!
this should turn around and head up now according to mxdave now that midsy says its a buying opp. lol
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post #8316 of 8483
1/18/11 at 6:26pm
I see this as a solid buying opportunity.

Financial stocks have done well YTD and this looks like just panic selling.
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post #8317 of 8483
1/18/11 at 6:34pm
got this one 1.30...remember it was most hated stock for lot of investors..
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post #8318 of 8483
1/18/11 at 6:38pm
Quote:
Originally Posted by alvarez16 View Post
I see this as a solid buying opportunity.

Financial stocks have done well YTD and this looks like just panic selling.
it would be panic selling if they didn't report crappy earnings that missed
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post #8319 of 8483
1/18/11 at 6:44pm
Quote:
Originally Posted by charulz View Post
it would be panic selling if they didn't report crappy earnings that missed
Yes but earnings missed by a few cents and they still reported a profit. I expected a 2-3% drop due to that, not a 6% drop as we are seeing right now.
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post #8320 of 8483
1/18/11 at 6:46pm
Quote:
Originally Posted by alvarez16 View Post
Yes but earnings missed by a few cents and they still reported a profit. I expected a 2-3% drop due to that, not a 6% drop as we are seeing right now.
All everyone looks at is what the "street" expectations are. They posted a FULL YEAR PROFIT. It's help up around $4.80. That should hopefully hold
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