Chazen, I don't look at this board often. Most of the posts are political in nature. Lots of right wingers who watch and believe Fox ("Fixed") News.
As for Citi, look to March when they might get clearance to raise the dividend. Not sure if the stress test results are known until Q I posted in early April. I think Citi will bounce once the fear of emerging markets subsides. Next move to $55. By end of year $60+
Is AWR involved in water desalination? The ongoing West Coast drought and now water rationing for 25 million people is a big deal. It seems to me that converting sea water to drinking water is a necessity. Somebody has to figure out how to do that in enough volume to make a difference. Water could become for valuable than oil since life is not possible without it.
Interesting how a $.30 drop in SAN triggers such angst. I don't think the sky is falling for SAN or that it is blue. My sense is that Euro banks are more or less in the same position US money center banks were 18 months ago. If you hold SAN longer term you will do just fine. If you can't handle a down day you are playing the wrong game.
Yes, it made sense for CSTI to retrace from its run up in November. The real issue is what's next? Is the Q III performance a one off event or are they building a solid business with repeatable revenue streams and growth potential? What are management's plans for getting off pink sheets?
There is an old expression in sports, "look at the scoreboard!". Mr. Market has been hammering AFSI since the Geo report was published. In the meantime management has responded and the market was not impressed. Today the stock was down over $4.00 and is trading under $29. The bulls see that as good news. I guess if you liked AFSI at $41 last week then you must love it at $28. Keep buying and averaging down.
You will know your are in trouble when today's low is tomorrow's high. Don't try to catch a falling knife.
So is it okay to publish ridiculous and unfounded bullish claims about about you are long in? GEO has an excellent record. They have been as right as rain in their short pieces. It is always the same story. The bulls go ballistic and accuse short sellers of being evil doers. In time GEO will be proven right. I thought AFSI's statement yesterday was pretty lame. Time will tell but Mr. Market is siding with GEO in AFSI's case.
Mr. Market is not buying the bullish spin being put on AFSI and the disparaging commentary by the bulls regarding GEO's report. AFSI now $2 below the morning high and looking weak. Give this time, AFSI is going lower. The bloom is off the AFSI rose. Defiant bulls will find that where there is smoke there is fire. Be careful doubling down on this puppy.