Playing the C Lottery

Discussion in 'Stocks' started by lpchad, Jun 3, 2010.

  1. I plan to sell slowly $4.50 and better but still plan to hold 25k for next 2 yrs.Hope to hit $7 by that time?:mad: :mad:
     
    #71     Jun 20, 2010
  2. i'm not giving you advice here, but if keeping 25K shares is your long term goal, i'd just dump the 51K now and get that cash trading elsewhere now instead of trying to make a few cents hoping it goes to 4.50 or better. long term plays are buy and hold, check once a month, and wait until your exit point hits. unless you are scalping your 50K in shares (which isn't a bad idea right now) churning it over 20 times a day (i do hope you're using a prop broker at high leverage with a decent commission rate), it makes no sense to wait for something that might not happen for...
    almost had me guessing there.
    lol.
    good luck.
     
    #72     Jun 20, 2010
  3. Here is Citigroup's Daily Chart with Price/Time projections.
    Citigroup is currently at key resistance ($4) level. Breakout above $4
    with higher volume may set the targets to $4.75 (62%AB) and $5.50 (100%AB)

    Regards,
    Suri

    [​IMG]
     
    #73     Jun 20, 2010
  4. i'd have to agree with that. if it breaks, what, 5.07, it's off to the races. 7 could be next. i'll take that bet.
     
    #74     Jun 20, 2010
  5. zanek

    zanek

    This sucker is going down. You might have been better off playing the lottery !
     
    #75     Jun 29, 2010
  6. i thought that was what we were doing...
     
    #76     Jun 29, 2010
  7. mpbizman

    mpbizman

    I'm Long 3.86...Nice Swing....Nice Chart
     
    #77     Jun 30, 2010
  8. Price inching back up.
     
    #78     Jul 12, 2010
  9. Here is Citigroups' Daily Chart update

    Regards,
    Suri

    [​IMG]
     
    #79     Jul 12, 2010
  10. gobar

    gobar

    sell it now or for another 10 to 20 cents again.

    stock is heading back to $1

    i think around mid 2011
     
    #80     Jul 12, 2010