So anyone following Jim Rogers' advice and buying C?

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

  1. 100 shares at $4.44 just because I wanted a piece of history (or a tiny profit.) If I waited like 20 - 30 minutes I could have got it like .80 cheaper. Oh well. History is what it's looking like.
     
    #51     Nov 21, 2008
  2. dsq

    dsq

    i bot 100 C on wednesday for 6 50 as a gamble shot like MS.I sold at 4 95 yesterday after close.I said to myself 650 bucks aint much but if C goes sub 5 and cant catch a bid or rebound,its a no brainer this thing is worthless paper.
     
    #52     Nov 22, 2008
  3. dsq

    dsq

    Hope you didnt get filled.
    That is 2000$ less you would have come monday.Shares go worthless or pennies a la lehman on monday or tuesday.Probably anyway.
     
    #53     Nov 22, 2008
  4. ================
    His buys maybe way above the $5.00 level;
    a price level mentioned several times in this Jim Roger's note.


    Actually bellM, i dont know Prince Al's cost or average cost;
    but Prince Al & friends probably made so much on thier black gold/texas tea-he may look on C buy as charity/long shot:D
    Sort of a public relations give back to USA, for all his big oil profits.

    Seldom short @ $5.00 late level, but may close a short there , depending .
    One reason many institutions[& Investors Business Daily ] dont like buying entry or shorting entry of $5.00 stocks. math gets tricky fast , cash price of Citigroup is up 58.8 % premarket.


    :cool:
     
    #54     Nov 24, 2008
  5. Flat @6.40. +338, 68.4%
    Original plan was to hold 30. But nothing is clear regarding C other than a meaningless dividend.

    Regardless, twas a good trade if I say so myself.
    Osorico :)
     
    #55     Nov 24, 2008