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Citigroup Inc. Message Board

  • septcalls06 septcalls06 Aug 11, 2009 11:21 AM Flag

    Rome Wasn't Built in a Day

    Too all the longs on here:

    Remember why you bought "C" in the first place.

    **If you bought because Cramer said so, you bought the right stock for the wrong reasons. You probably have a higher entry point than what the pps is at now, but unless this is money you need in the next 2 weeks than don't panic.

    **People will take profits. Congratulations to them for making money. If the stock rises like I think it will, then they are missing out. This stock has risen an incredible amount in a short period of time. And that's not easily done when you have as many shares outstanding as "C" does.

    **I can't tell you if there will or will not be a reverse split, but it won't end the stock automatically. AIG did crash after the R/S, but now look at the share price. They are hit hard today also, but they won't collapse and neither will "C".

    I don't mean to pump although this message is exactly what I hate (it has no new news to add, just my opinion), I would rather hear news that is significant in either direction in order to help me understand my investments direction. The shorts that post on this board have nothing substantial that we all don't know about. They think the stock will go down, maybe it will. Don't think that they know anything more than you do just because they post massive volumes of threads. Don't think that everyone not of your viewpoint is a short, take any NEWS to heart. But don't take to heart anyone with mindless dribble.


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