**OFFICIAL** Trading and Investing Thread- Part -II-

[nyr469]

OF COURSE NOT!

I ahd FAZ at 56, sold at 70 for what I thought was a great profit. who knew I could have doubled my money (yes bitter about a win)

hey thats still a solid profit though...always better to be disappointed that your gains could have been even higher than to be disappointed that you lost $$...

[OTG]

Man I'm absolutely hating the market right now and I'm not even in. If Buffet is right then be greedy when others are fearful.

[jwdjrs]

Citigroup shares tumble below $1........WOW

Anyone have an opinion on this stock, if you bought at this price and held for 5 years ??

[|ceman]

damn, in b4 market crash

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[NY Money Mike]

Citigroup shares tumble below $1........WOW

Anyone have an opinion on this stock, if you bought at this price and held for 5 years ??

no, but throwing a lil down on it is tempting me right now.

[bhxgryphon]

Citigroup shares tumble below $1........WOW

Anyone have an opinion on this stock, if you bought at this price and held for 5 years ??

Either you make a lot of money, or lose it all lol. It's up to you to decide what the risk probabilities are and your own risk aversion level.

Edit: Upon saying that, I just bought 500 shares lol.

[IL Toro]

I'm definitely jumping on this Citigroup wagon. Im damn sure people see that the shares are mad cheap, and will want to buy it. Probably will spike to like $2 or $3 a share in a little bit. I've got $150 liquid funds to spend on Citigroup, so 150 shares arent that bad.

[jujuB]

lollzzz citigrouppppp

alll aborddd the train to the moonnnnnnnnnnnnnn

[DCarruso]

Take a few thousands $$ and buy 5-10 of those stocks selling below $4-$5. $1-$2 are great. Don't buy those that have always ben pennies. But the broken down ones. Don't look at them for 5 yrs. This will be a story you can tell for the rest of your life.

Think about it. What does a few thousands mean to you, in the greater scheme of things over a life time? You don't see market crash like this too often in a life tme.

Whatever you do, DO NOT SELL after some profits. They are TO DA MOON!

[jwdjrs]

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Aren't you a high level of hope

no, but throwing a lil down on it is tempting me right now.

Either you make a lot of money, or lose it all lol. It's up to you to decide what the risk probabilities are and your own risk aversion level.

Edit: Upon saying that, I just bought 500 shares lol.

I'm definitely jumping on this Citigroup wagon. Im damn sure people see that the shares are mad cheap, and will want to buy it. Probably will spike to like $2 or $3 a share in a little bit. I've got $150 liquid funds to spend on Citigroup, so 150 shares arent that bad.

Take a few thousands $$ and buy 5-10 of those stocks selling below $4-$5. $1-$2 are great. Don't buy those that have always ben pennies. But the broken down ones. Don't look at them for 5 yrs. This will be a story you can tell for the rest of your life.

Think about it. What does a few thousands mean to you, in the greater scheme of things over a life time? You don't see market crash like this too often in a life tme.

Whatever you do, DO NOT SELL after some profits. They are TO DA MOON!

Thinking about buying 500 shares

[|ceman]

Thinking about buying 500 shares

Paypal me your $500. I'll offer you 50 cents on the dollar and I won't sell out to the government and wipe out your shares.

That's $250 more than C will give you back.

[jwdjrs]

Paypal me your $500. I'll offer you 50 cents on the dollar and I won't sell out to the government and wipe out your shares.

That's $250 more than C will give you back.

I can't Paypal you, your too chicken to give me your Address or any info on you......Brb, gonna draw a chicken on the screen

[OTG]

Damn you guys and your C talk, it is tempting me too

jwdjrs you trying to pump and dump brah?

[jwdjrs]

Damn you guys and your C talk, it is tempting me too

jwdjrs you trying to pump and dump brah?

Nope, just asking what everyone thinks

[|ceman]

I can't Paypal you, your too chicken to give me your Address or any info on you......Brb, gonna draw a chicken on the screen

That's because I don't exist in real life. I am a figment of the digital cyber cloud known as the interweb.

[J_Mart2387]

Citigroup shares tumble below $1........WOW

Anyone have an opinion on this stock, if you bought at this price and held for 5 years ??

Paypal me your $500. I'll offer you 50 cents on the dollar and I won't sell out to the government and wipe out your shares.

That's $250 more than C will give you back.

JW I'd strongly recommend listening to Iceman here. He seems to be the only one with a true perception of reality lol. Of course I could be wrong, but when you think about it, people were saying the same thing about AIG when it was at $5, or even Citi itself when it was about $5 as well. (By 'same thing' I mean everyone was jumping on the BUY BUY BUY bandwagon.) Everyone on here seems to dislike Cramer for whatever their reasons, but he mentioned the other night that some of the top guys he knows at Citi don't even know what's going to happen. Until govt comes clean about what their true plans are, I'd steer clear of C.

[DCarruso]

You have to look at it this way. 1 Share of C is 0.99. Would you take a share of C over 2 cans of Coke? How much is a can of coke? I don't drink pop. I remember it used to be 50 cents.

What can you gain from 2 cans of coke?

[Sirtitan]

As per my technician friend on the yahoo board who preaches this stuff:

A "phi date" is the "golden mean" (.612). Using the Fibonacci numbers and lining them up with the dates of previous highs and lows in the market, it gives you the dates on which a change in trend is expected. This guy, Robt. McHugh (Main Line Investors, Inc.) of which I have a subscription, has it in his newsletter. He's been 100% correct in his phi dates. The previous phi date cluster was 23 Dec - 29 Dec. The next phi date (trend change date) is February 18th. You can get a free 1-month trial subscription by signing up your e-mail address at this link:
https://www.technicalindicatorindex.com/...

[J_Mart2387]

You have to look at it this way. 1 Share of C is 0.99. Would you take a share of C over 2 cans of Coke? How much is a can of coke? I don't drink pop. I remember it used to be 50 cents.

What can you gain from 2 cans of coke?

You can gain your $0.20 deposit back here in MI

[DangerDan]

As per my technician friend on the yahoo board who preaches this stuff:

A "phi date" is the "golden mean" (.612). Using the Fibonacci numbers and lining them up with the dates of previous highs and lows in the market, it gives you the dates on which a change in trend is expected. This guy, Robt. McHugh (Main Line Investors, Inc.) of which I have a subscription, has it in his newsletter. He's been 100% correct in his phi dates. The previous phi date cluster was 23 Dec - 29 Dec. The next phi date (trend change date) is February 18th. You can get a free 1-month trial subscription by signing up your e-mail address at this link:
https://www.technicalindicatorindex.com/...

Damn that's some rocket science **** right there.


aaaaand so much for the afternoon rally. lol.

[IL Toro]

JW I'd strongly recommend listening to Iceman here. He seems to be the only one with a true perception of reality lol. Of course I could be wrong, but when you think about it, people were saying the same thing about AIG when it was at $5, or even Citi itself when it was about $5 as well. (By 'same thing' I mean everyone was jumping on the BUY BUY BUY bandwagon.) Everyone on here seems to dislike Cramer for whatever their reasons, but he mentioned the other night that some of the top guys he knows at Citi don't even know what's going to happen. Until govt comes clean about what their true plans are, I'd steer clear of C.

In all fairness, when AIG was at like a buck, people hit the buy buy buy button and it jumped to like 3.25 the next day or so, then they cashed in on the profits.

[Sirtitan]

Damn that's some rocket science **** right there.


aaaaand so much for the afternoon rally. lol.

It's like Celltech for your portfolio.

[J_Mart2387]

In all fairness, when AIG was at like a buck, people hit the buy buy buy button and it jumped to like 3.25 the next day or so, then they cashed in on the profits.

Look at its price now. People assume that just because the govt will not allow a company (Citi in this case) to go bankrupt, doesn't mean that shareholders cannot be wiped out in a govt takeover. Govt already has a 36% stake in Citi. RBS anyone?

[NY Money Mike]

someone shoot down this theory please.

Say I create a message board, and get a large amout of people. let s say 500k (In message board land that's possible)

Say we all work together, as a giant hedge fund. We all decide to buy and sell the same stock at the same time.



On another note: I am going to trade with settled funds for the first time in a while tomorrow

[NY Money Mike]

Also, about the citi thing. What would you say the odds are that your shares get wiped out? Lets call it 50% for argument sake.

Risk = 1k

if a "fair" bet you would get 2 to 1 odds on your money. So you are risking 1k with a 50% chance of losing it and a 50% chance at 2k.

This would be the best odds in the casino and just good odds in general. If you are a gambling man you would HAVE to take this bet.

Well in this case you are getting 50% odds to better your money and the upside is > 2 to 1.

Therefore if you have a few thousand to spare. As DC said, I think it would be a GREAT move to throw it on a few different stocks of this nature. This way you are increasing your percentage of winning.

[IL Toro]

Look at its price now. People assume that just because the govt will not allow a company (Citi in this case) to go bankrupt, doesn't mean that shareholders cannot be wiped out in a govt takeover. Govt already has a 36% stake in Citi. RBS anyone?

I forgot to include, after that time it spiked to almost 4, everyone sold the **** and now its worth under a 30 something cents.

[NY Money Mike]

Also, about the citi thing. What would you say the odds are that your shares get wiped out? Lets call it 50% for argument sake.

Risk = 1k

if a "fair" bet you would get 2 to 1 odds on your money. So you are risking 1k with a 50% chance of losing it and a 50% chance at 2k.

This would be the best odds in the casino and just good odds in general. If you are a gambling man you would HAVE to take this bet.

Well in this case you are getting 50% odds to better your money and the upside is > 2 to 1.

Therefore if you have a few thousand to spare. As DC said, I think it would be a GREAT move to throw it on a few different stocks of this nature. This way you are increasing your percentage of winning.

Citibank
Insider Activity

On 3/3/2009, 2 insiders purchased a total of 1,600,000 shares.

[J_Mart2387]

someone shoot down this theory please.

Say I create a message board, and get a large amout of people. let s say 500k (In message board land that's possible)

Say we all work together, as a giant hedge fund. We all decide to buy and sell the same stock at the same time.



On another note: I am going to trade with settled funds for the first time in a while tomorrow

I don't see why it wouldn't be possible, but when both buying and selling there must be other willing buyers and sellers. Following the basic laws of supply and demand, you can see where the price could be both artificially inflated and deflated if there are more buyers than sellers, and vice versa.

My point is that in your scenario, all the participants may be able to drive a stock's price up substantially. But when you all go to sell at the same time, who is going to buy all those shares at those inflated prices?

[mcichocki]

Aren't you a high level of hope

I was imitating the herd bro.
I have said I can see a selling climax and a bottom or at least halt of heavy bleeding is likely very soon.
I got mocked so I used reverse psych on the doom n' gloomers. LOL

How ya been anyhow?

[mcichocki]

someone shoot down this theory please.

Say I create a message board, and get a large amout of people. let s say 500k (In message board land that's possible)

Say we all work together, as a giant hedge fund. We all decide to buy and sell the same stock at the same time.



On another note: I am going to trade with settled funds for the first time in a while tomorrow

a) 500k is anything but easy to get on a board in my experiences.
b) 500k people with retail amounts would do nothing but cause a ripple. The forces you're up against are much bigger. PLUS it's illegal, what your proposing. Technically anyhow.