BUY Citibank (C) ??

[Rob]

What are you doing, Rob??!!! You couldn't help yourself?
Doesn't Imclone make a pill for this?

Imclone doesn't make pills. But it makes lots of money.

What Citigroup gonna do today, Newborn?

[billyjoe]

Is C really worth that much more than the entire U.S. auto industry and therefore worth piling more billions of dollars into it? Banks are a dime a dozen, automakers are an endangered species.

---------------billy

[New-born baby]

Imclone doesn't make pills. But it makes lots of money.

What Citigroup gonna do today, Newborn?

When the gov't messes with the free market, prices do not react normally.

[Rob]

When the gov't messes with the free market, prices do not react normally.

But you see, NBB, I FIGURED that the gov't was probably going to "mess with" Citigroup ... which is WHY I bought some on Friday. My only regret now is that I didn't buy more.

I rechecked my purchase price, and it turns out I bought even lower than I thought. My entry is 3.93. I don't know where I got that 4.13 number.

Let's see ... (5.95-3.93)/3.93 = 51.4% one-day gain. That's pretty huge, is it not? So in answer to your original question: THAT is what I was doing.

Send me your finest wines and spirits! LOL

[New-born baby]

But you see, NBB, I FIGURED that the gov't was probably going to "mess with" Citigroup ... which is WHY I bought some on Friday. My only regret now is that I didn't buy more.

I rechecked my purchase price, and it turns out I bought even lower than I thought. My entry is 3.93. I don't know where I got that 4.13 number.

Let's see ... (5.95-3.93)/3.93 = 51.4% one-day gain. That's pretty huge, is it not? So in answer to your original question: THAT is what I was doing.

Send me your finest wines and spirits! LOL

Congrats on the big winner. I should have learned by now: Rob knows what he's doing; leave him alone.

[Rob]

Congrats on the big winner. I should have learned by now: Rob knows what he's doing; leave him alone.

Thanks for the congrats, New-born. As far as knowing what I'm doing ... well, sometimes I'm right and sometimes I ain't right, just like anybody else. When I am right, I like to exercise bragging rights just a little bit.

[mrmarket]

Thanks for the congrats, New-born. As far as knowing what I'm doing ... well, sometimes I'm right and sometimes I ain't right, just like anybody else. When I am right, I like to exercise bragging rights just a little bit.

Rob is HUGE....if it gets to 12, I break even.

[IIC]

Yes Rob...We all have egos...Even Me...lol...I'm glad you made some nice bux...But it was really just luck...I've made money many times which I attribute to that "Angel In My Pocket"...I won't give it back...But it was just a lucky call...Hope you are out or will be soon...Doug

[Rob]

The Nationals' Ryan Zimmerman hits a walk-off homerun in the bottom of
the 9th against the Atlanta Braves on Mar. 30. Probably just "luck." lol

[JohnHenry]

C is really flying...to the moon?

[IIC]

I'm sure all us taxpayers appreciate the fact that C spent $400 mil to have their name plastered all over the stadium...Maybe those laid off auto workers can move to NYC and get their share of the bailout by selling beer and peanuts at the Met's games...Doug

[mrmarket]

The fact that Citi is looking to dump Smith Barney is a bad signal in my opinion. They wouldn't have any such intention if they felt comfortable with their balance sheet position.

Something stinks.

[mrmarket]

....and what about 800 million dollar Citi field??? ouch.

[New-born baby]

Shattered

Louis Eugene Navallier predicted in Oct 2008 that C would be shattered into 1,000 tiny pieces. If they dump Smith-Barney, that's the first piece.

[mrmarket]

Louis Eugene Navallier predicted in Oct 2008 that C would be shattered into 1,000 tiny pieces. If they dump Smith-Barney, that's the first piece.

Big question is..what are all the pieces worth???