this puppy did a fantastic job this week...up over 7% for the week...and closed up 5 of 5 trading days.
i will be looking for a little pull back (breather) before i get in again for the ride to $5.
although i may not agree with much of what cramer says, i do agree with: Bulls Make Money, Bears Make Money -- PIGS get Slaughtered.
For those saying 'no pullback'...
At what point are those holders of big short-term profits going to bank those gains?
I'm not saying that C will be back to < $4.00, but once profit taking starts to happen, the exits can get mighty small.
love it when someone sells and then comes on and presents eve-like taunts to those who could be swayed. Now why is it that these individuals just have to tell us about selling for profits? History says perhaps a few pennies - but ahhhh.. I remember just how fast it went from 5 and change to 3 and it was basically a contrived event based on feds selling. Now that they have sold out, perhaps those same forces might want to creep this up to the 5 dollar magic number; then, slowly selling for profit taking which keeps their pool less empty.
These taunters who will post their crap all weekend only want your shares cheaply. Let the bathtards pay premium ok? You will feel better for it
I did try to sell and wait for the pull back.
The stock kept going up and I later had to get back in at a higher entry point. Tried the pull back with both Ford and Citi.
learnt a valuable lesson. Try not to time the market.IMO
This stock I just hold till it gets to $10.
No pull back until we break the $5.08 resistance point... Mark my words!!
8 mil in voume and up during afterhours on a Friday... We will all be seeing green next week. Happy holidays.
You will be waiting for it to pullback in the higher 5.00 section. You forget China data will be released this weekend and since they already released good news today you can bet they will release good data over the weekend. China always likes releasing astounding data on weekends to up the market on Monday. Shorts will be on the run next week because books need to be cleared before holidays. What didn't you get dividends and buybacks have been trendy lately like GE stepped up for one today you can bet more will be coming forth and banks now are allowed also to start dividends and Citi out of government say good-bye to lower prices since financial are now the time to buy overweight by analyst. Would not be surprised the banks start saying dividends next. PIGS obviously didn't get slaughtered it's the BEARS who got slaughtered the last few months and the BULLS will be running 2011. JMHO
It could pull back to say $4.55, then again, it could run to $5.50 and beyond. I have a trading and core position, but still have lots of ammo to add, so, I'm sitting tight right now and will add on dips, IF they materialize. Now, is not necessarily the time to be all in or all out, imo.
i bought with the intent to trade...had 4.50 and 5.00 jan calls.
50%+ in one week was great for me...i admit i was hesitant to sell, but considering the run up this week and the uncertainty in the markets over the weekend, had to go with past experience and sell.
i think we all will agree that this puppy is due for a little pull back before the run up to 5.00 -- with out a pull back if we hit 5.00, it will not be sustainable with shorts clobbering us.
just my two cents...