So anyone following Jim Rogers' advice and buying C?

Discussion in 'Stocks' started by bond tr4der, Nov 20, 2008.

  1. FWIW; I just picked up 130@3.80 in my IRA. GTC stop is also on @1.65. Hows that for confidence?

    Osorico
     
    #41     Nov 21, 2008
  2. C getting killed left and right
    Come one GS buy it for $8.67 that is where my average is :( from $20 to $14 and now $8.67 ( trading right no at ( $3.50
     
    #42     Nov 21, 2008
  3. 3.06 to be exact.

    sub 3 for sure
     
    #43     Nov 21, 2008
  4. craneman

    craneman

    At this rate C will be at zero by EOD. $3 now on panic selling
     
    #44     Nov 21, 2008
  5. The Saudi prince is liking it even more here.
     
    #45     Nov 21, 2008
  6. Amazing...
    Wouldn't be surprised at all to see a deal worked out this weekend with the government.
    To big to fail, to big to be saved..
     
    #46     Nov 21, 2008
  7. Norlan

    Norlan

    anyone understand how certain people able to acquire a position for such price?

    I used Scottrade to put my order on C BUY 500 limit @ $3.80
    11/21/2008 4:39 PM
    Extended Hours

    On Nasdaq it shows
    Citigroup (C) :
    After Hours Trade Reporting:
    16:40 $ 4.07 1,000
    16:40 $ 3.77 165,644
    16:40 $ 4.07 600

    Is there a backdoor around trades to push down the price?
     
    #47     Nov 21, 2008
  8. And to think 3 months ago Citi was going to buy Wachovia and save them from bankrupcy, now Wachovia trades at a higher price than Citi. How ironic
     
    #48     Nov 21, 2008
  9. Rogers is not buying C @ $5

    Citi was trading much higher at the time and he just mentioned off-the-cuff that he would be a buyer only @ $5 - meaning the stock is a POS and there is further downside
     
    #49     Nov 21, 2008
  10. achilles28

    achilles28

    He did.

    Not sure why he said that. Fed can't go bankrupt unless competing currencies are reintroduced.

    Probably just showmanship.
     
    #50     Nov 21, 2008