Can NFI and C be a profitable short term plays ?

Discussion in 'Stocks' started by scorpious, Dec 26, 2007.

  1. I found that during the US supreme mess there are oversold financial companies, e.g Citigroup, NFI etc.

    It feels like all the negativ news have been taken into the stock price (NFI),31/

    There are also support levels and price patterns indicate that there could be a an opportunity for a short term rally. I ecpecially interested in NFI because this stock falled from 115$ to 1$ and currently trading near 4$.

    Can this be a short-term bet ?

    I also interesting in the Citigroup "C", this blue-ship stock is highly oversold, it seems that this stock has formed a double bottom support.

    There are also some positive news about C:,20/Itemid,31/

    Can there could be a boost ?