If you really want to see the divergence between these two go back to 2007 to date. It is INCREDIBLE just how much JPM has outperformed CitiHYPE....you just won't believe it....Sandy Weill put this mismanaged conglomerate together and LOSERS like Chuck Prince, Pandit 'the bandit' and Corbat followed him to make matters even worse. You are in one HUGE bad investment with this loser.
I know - I made the mistake once and have made a dramatic comeback since. If I had stayed in this LOSER back in 2008 I would be in the poor house now. CitiHYPE is for bag holders.
Dimon buys 500,000 shares or $26 MILLION worth of shares today in JPM. I haven't seen any reports of insider buying in CitiHYPE. No one in their right mind would buy shares. These corporate guys only RAID the company of assets. Yeah, huge salaries, unlimited perks, and 'free' shares that they resell in open market.
This company is WORTHLESS! Only bag holders own this PATHETIC company. And they listen to the
illustrious Mike Mayo....
(1) January best month in long time (2) Chinese New Year in 3rd day - full blown this weekend and mass looks stronger than last year (3) Business good in U.S. and holding own in Macau (4) Wynn Palace on pace to open June 25th in Cotai (5) Steve has bought more shares of Wynn because stock is trading at low levels, I buy on weakness, and likes long term prospects (6) Visitation stabilizing in Macau (7) Junket operators less now - about 5 of which Wynn does business now and does business with only the strong ones (8) Citizens and employees are on side of gov't. Gov.t wants best for them. Steve points out that the Chinese gov't has brought 350+ million out of poverty and is unprecedented in history of world. Feels confident gov't wants to see Macau grow albeit in a diversified way. Remember, China is 4x the size of America in population. Feels better where we are today than yesterday. Gov't wants operators to be successful.
This may be in trouble like it was back in early '09....who knows what is on their books this time in this new commodity crisis....This Stock Is A LOSER no what the situation. Avoid this LOSER at all costs.
Yeah, got this thing at $1 back in early '09, rode it to $18 and sold it at $14, it's first disappointing earnings report. Glad I did. And don't think I will buy this again if it hits $1 again. I do watch it, however.
Where is MIKE MAYO???? This loser is down over 35% and not a peep from him. This was his
#1 pick in financial stocks, his 'expertise'. Must be hiding under his desk!!!! This thing is now $3.35 per share (reverse split adjusted), not much higher than back in March '09....Come on, Mike, get out from under that desk!
His solar city stock is being decimated. An analyst on CNBC the other day said to avoid TSLA stock; that it was extremely overvalued; that it is a great short candidate. Looks like he is right and investors should take pause on this auto stock. If you're in this best of luck to you. Tomorrow could be painful.
Go on margin at 8% and max out. Also, borrow all the money you can from everyone you know including your kids education. It's only money. Go for it! Now leave the poor investors alone with your inane blogs. The pain is enough for these guys in this loser.
What a demoralizing story - this loser was once the 'darling of Wall Street' oil investment just a few years ago. Today it is near bankruptcy. Good grief, the share price is 34 CENTS per share. Just a matter of time for some of the VERY weak oil 'related' companies.
Losing his 'rear end' on several of these LOSER oil company investments. This thing was down to $1.50 per share this morning. Rumors that this LOSER may 'restructure' or declare bankruptcy. Huge volume on huge collapse of share value today.
This LOSER has the 'lowest PE' for a reason......it is more volatile than the others. It is a high BETA stock.
It would have gone BANKRUPT if not for the taxpayer back in '09. Wall Street values LOSERS with a high BETA for a reason....there is so much more risk. If you want to play banks why not WFC or JPM. Check the BETA out on these. And these stocks have escalated in value, not off 95% like CitiHYPE from its high set just a few years ago; and with a minuscule dividend.
Yeah, another one of those 'PUMP AND PUMP' stocks of Cramer's. Today it is at ANOTHER yearly low.
And off 8% today alone. Will this braggadocio continue to PUMP this? What do you think????
This 'analyst' (a term used 'loosely' here) was so critical of this LOSER stock back in '07 and for the next few years. And the stock did plummet but then rose again off historic lows. For the past YEAR he has been EXTREMELY bullish and calling to buy this LOSER back when it was $55+. He said it was his favorite financial stock. Well, there you go. He thought it was CHEAP based on historical price average. And it's MUCH cheaper today, falling over 37% from its high set months ago. Morale of story: NEVER LISTEN TO THESE LOSER ANALYSTS. THEY KNOW NOTHING!
But CitiHYPE is a LOSER and MAYO today knows he should have NEVER recommended it. But to save FACE he will continue to pump this LOSER until it gets to a price where he can unload it and, at least, break even at the expense of NOVICE and UNSOPHISTICATED 'investors'....And so it goes.....
Disc: No position in this LOSER, thank heavens...
Friday it gets a downgrade to SELL at $ .50 per share (sure that satisfied many investors)....bankruptcy looms according to Barrons.
What happened here? This was a great stock with a super dividend and all is lost. Today, anyone who stayed in this LOSER is doomed. Anyone who played this wish they just invested in MCD or MSFT. Gosh, dividends solid and escalating price per share. Now that's a formula for success.
or reverse split adjusted $39.99. That's just 93.35% off its high set back in '07 and with a dividend cut exceeding 99% (one point is was 100% cut). Can you say LOSER???? And it's going LOWER....this company will NEVER recover. Burned too many 'investors' (a term used loosely here).....
Yeah, you MORON, that's what you need - a Socialist! That will make everything just wonderful!
Margin calls, mutual fund selling (based, also, on customer redemptions today), panic selling,
financial shows adding to the fear, stop losses, and so many novice investors who panic easily.
But those borrowing funds to buy shares could lose it all. I see where Scottrade charges 8% for margin.
That's huge! And then once the stock plummets you get the DREADED margin call. Result: HORRIBLE LOSSES. And you're still stuck with all the interest. This really adds to the selling. Those who invest and who know what they're doing and invest with their own money can wait out the storm on good stocks. NEVER PLAY MARGIN. It will get you!!!! And burn you badly....
Today, after the crash, he is retreating. Typical Cramer. I never buy or sell on his advice.
Disclaimer: I own NO FANG stocks or tech for that matter. Only dividend stocks that have reasonable pe's,
increasing dividends, best of breed in peer group, projected growth, and stocks that let you sleep at night.