Black American culture is: If you can't rape, rob, or kill a relatives or friend who can. And if they don't like the outcome of a trial they will burn down their own neighborhood and then want taxpayer to pay for it.
Both of them really captured how screwed up things are in this country but I really like joe_z_wales the best. NASA is so screwed up its not funny. It's costing us more to launch from Russia to the space station then launching from Cape Kennedy to the space station per person. Russia has no safety systems, and you land like a rock. They have had astronauts damnear killed on landing on land with major back injuries. Both have had total failures but with the U.S. side you can tell when the failures are going to take place by how much testing was cutout prior to flying and how deep the politics were. The politics are so bad now they can't even get the capsule built much less launch it like their back in the 60's. America is out of the Space Program and shame on America. This a refection on our President and the head of NASA Charles Bolden.
All the questions know one can answer.
And when Citi was $600, know one would have guess or did, that they would see it at $10. another unknown that took place. It could go back to $10 or it could grow to $1000, you sure don't have clue and neither do I. If we did we would all be billionaires.
Smith your not going to tell me you can do this and joint your investment club because you made a 1000 percent this year and so can everyone else by just following our top picks that we recommend to you.
I hope it does drop so I have the opportunity to buy more at even a better price. I only wish that I would have bought more when it was at $1.00 pre split now at $10. How often do you get a chance to buy a $600 per share stock for $10 that was beat up so bad but controls so many countries financial conditions. Look how much of the Federal Reserve that they own. Their is not that many players with that power. And if you don't know then go do your homework, and I'm not here to do it for you.
Depending on the brokerage firm to how they list buying and selling short position. but you didn't know that because you just giving lip service.
If you shorted Citi today like you said you would have lost 99 cents per share at the end of the day. You may want to buy it and go long again before it goes to $60. It want cost you that much to get back in now 10-12 thousand more then when you sold if you don't wait to long. That was one of Goldman's old scams.
Reminds me of the good all days before the crash. This use to be one of their most favorite tricks but in the old days they would have also lowered the price. Now days if they do that they will be fined and someone will lose their job or go to jail or both. I wonder how many shares GS bought today.
This is normal. Read past the Goldman Sachs headline, they increased the value of Citi from $58 to $60. They are buying stock from all the dumb folks that sold it. You don't really think they are going to leave 9 dollars on the table on a 60 dollar stock. I agree with soleil, its going up and Goldman thinks so also that's why they raised their value.
You don't seem to understand what shorting a stock is. Very basically selling short is buying the stock on the expectation that it will go down in value and when you sell your position you will make the difference from when you bought it and the lower value that it is when you sell it. Example: If you bought it for $50 and sold it at $47 you would make $3 per share.
I see Citi recovering. GS just said the stock is worth more, and increased it from $58 to now $60. I'll take their dollar value over their verbal B.S. I bought Citi for their financial value not their verbal B.S..
that would be the conservative thing to do. You never go broke taking a profit.
I have not sold my shares and I did not short Citi. I will consider buying more if it drops to $50.
GS just verbally downgraded Citi and upped the price from $58 to $60. Did you buy Citi for verbal abuse or money. I suspect someone at GS just downgraded the stock while someone else at GS just bought a boat load. This a very common move out of GS and other financial companies.