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All I can say today is “Interesting, interesting, interesting.”
Citi has had several weeks of good news, settled a couple of key court cases (there will always be some sort of a court case), moved successfully into the foreign sector and shed the gov restraint of share sell off.
Next report is due out in Jan? (Sorry, I can’t remember). That should bring it into the 5’s and keep it there. Once it is out of the penny class it should move up nicely.
I have switched my day play to IRE.
Your thoughts?
The only people that have made any money on this POS are the lucky players that made a quick turn in a day.
Anyone thinking that this company (and I type that while holding back a reaction to vomit) is worth a plug nickel is scamming you.
Tom was good at BSing his way along but all of his talk and promises have never come to fruit and no one in their right moral mind would invest with this turd.
Ummm, I doubt that HCKI has any intention of turning this around.
It’s a dead horse that has seen its day.
The store is being forced to the true bankruptcy it deserves since they couldn’t be bothered to even try to submit the proper papers.
Look over Tom’s tactics and you’ll see that he is nothing but a scam artist.
Nice. At this rate of climb we will be at 5 well before I had expected.
I would think early next year we will see this moving up through the 5’s and possible the 6’s if it hands out a dividend. Any word on that?
I’m shifting my play time to IRE and leaving C as a long term only now.
EMT up nice today, lots of volume.
One this hits and stays above 5 the big houses will start moving the PPS IMO.
I love IRE, @ $2.8+ mark now and was a deal and a half @ $1.20+ not 3 weeks ago.
These 2 are going to be bread and butter long term IMO.
What figures do you have today Dumbarse?
Don’t know if anyone listened to me when I said to keep some of each transaction aside.
My last purchase was at $3.75, nice to have a bank now.
Thanks for letting me know about the sale, figured it had to be a large scale sell.
This should finish off this rip off artist once and for all.
His comments in the paper are to laugh at.
You can tell just from the bits and pieces that he has been BSing his way through this.
Now let’s see what happens to the brewery and bakery!
If they are smart they will cut him loose before he bankrupts them too.
I’ve been away, what is this about the Gov finishing its sale of holding? It would have to be through one last large sale as far as I can see.
Nice to see it up quite a bit though I am a tad surprised that if the Gov is out that it hasn’t climbed over the 5 mark.
Sorry but IMO this has turned into a big dog "Turd"
Don’t forget that C is branching out and is a bit more stable than other banks at the moment.
IMO it is way undervalued (a big duh since there has been several reports pointing that out) and as long as the Fed is shedding it’s holdings it has been kept at an artificial low.
Looking at what Kei and Dumbarse have also dug up you can see that even though some large holders are reducing their holdings others are quietly building theirs up.
Quick trading is nice these days if you have the stores to pick up a large sum but I will stress once again, hold back a little from each transaction for the long term IMO.
I’ll take half of mine and turn it when it climbs, the other half I’ll keep for long range.
That would be nice but I don’t think it will move much today.
I hate to say it but I am going to agree with this.
The stock value has steadily dropped despite all of the positive work, talk and advertising.
It hasn’t amounted to anything.
The PPS is now lower than a total scam stock that I ran into a while back and that is just plain sad.
You can pump it up all you want, the truth is right now no one is interested in this and it keeps edging lower everyday.
Well well well what a day today will be.
You have the news about the bailout cost being lower than expected.
Housing news is due out today as well as consumer confidence report.
Add in that Black Friday was up this year along with Cyber Monday overtaking black Friday for the first time.
I can only think it will be a fast moving and volatile day.
Not looking for anything great from IRE today though I expect lots of volume with it and C.
What think you Dumbarse?
It’s not that I don’t want to explain what I am doing it’s that it isn’t interesting and really not what anyone who is serious about investing would want to do.
I see something I like, watch the bid/ask for a bit and then if I want in I treat it like an auction, I one up the bid. But since I know what the ask level is I go just under it and see if anyone bites. Win loose that day sure but since I am willing to hold for as long as it takes I don’t loose all that often.
“I'll reiterate, I'm here to build up shares until the government is out. Then, I go long.”
That is the same as I am doing, each transaction I make I hold back a little for the long term. I have been doing this for over a month now (watching what Kei does too) and certain that when the Gov is no longer involved that this will go up nicely and then the big dog’s start playing and I get to ride along with them.
And as it has been pointed out, some of the sole dog’s with deep pockets are doing some moving.
I like what you do by the way and have followed your suggestions.
Keep in mind that I am more interested in the long term with C.
I bought back when it was well under $4 then held till it was over $5 so I don’t care to much about a 5 or 10 cent deal.
IRE (despite the public unrest over the bailout terms) should rocket back up a bit today.
In at a nice low spot last week, out at a preset today. I’ll make what I want, let the next guy make some too.
Does anyone even know if the “New concept” store has opened?
Bet he doesn’t want the suppliers to see this site.
Just how many times can you make an insufficient report to a BK judge?
Bet little Sissy has something to do with it.
JMO
Let’s not worry about it.
I hear ya, all in fun.
OMG you guy’s crack me up.
One question, don’t you have any other stock to play with though?
I certainly am not happy with the way the stock price is just sitting/dropping each day but then I’ve switched to holding out for the long run.
Not going to buy in anymore either though.
You aren’t missing a thing but if we all traded the same way where would that get us?
I like to play with different setups and the best thing about the open market is as long as it is deemed legal you can do what ever you want.
I make wrong calls all the time. Often I want to flip something quick but I get stuck with it instead, but percentage wise I have made a nice little pot.
As for what I do, I just bait and see if someone bites just like the ask’s do.
If this was my source of income I would play a whole lot differently but then I wouldn’t enjoy it as much.
All I mean by “Bid back in” is that I’ll put my order in at bid + a small margin and up to X amount of shares but not all at once.
IRE is going to tank today, not pretty but like C it could be worth while for a quick flip.
Good call, at least we are doing better than IRE.
N Korea is killing the market, doesn’t look good for a while does it.
At this rate I’ll bid back in for a quick turnaround but will still leave some in the coffers from what I pick up.
I've been wrong before but I don't see it going that low, at least not today.
I've haven't flipped any in a while.
I started holding a percentage from each trade and am now just adding to it from time to time for the long term.
Thanks NOBO. I’m just surprised that it is being swayed like this, almost like someone wants to keep it down.
I’m sorry but there is just something wrong here.
The hype, the new product, the changes in personnel.
Despite a couple of MM’s playing with this the value is just way to low.
Word is out, you can sell all of the product you want to but if investors are not moving in then something is just not right.
Yesterday’s FBI raid and last weekends leak of info regarding a 3 year investigation of insider information which includes Goldman Sachs along with the public reaction to the Irish bailout did not favor C at all, not something I expected.
You should easily have your buy back in price today.
Add on the news from Ireland and Brazil and you have a positive outlook.
Small quick filppers will do well but keep the price down slightly, hit the $5 mark and volume and price will reflect..IMO
That is sort of like saying "It will be dark tonight but will be sunny by morning" lol.
C IMO is doing well for itself.
After next Friday we will know how it wants to play out for the rest of the year.
Watch other markets (foreign) like Dumbarse said, if they smooth out then C will move easily into the area and up it will go.
Large holders don't want to play the long game right now. Add to that the gov share and you have an artificial low.
Once C gets back into the 5’s and holds its own again the big dogs will come back.
At the end (or should I say up to now) I got rid of all but 3 mill share at a cost of $300.
This is factoring in the up and down's (notice the down has an s after it and the up doesn't)so I didn't make anything on it at all.
Tom is working up some kind of a trick.
Bet there will be a promo soon then just watch all of the paid pro Tom's come out of the woodworks and hype the crap out of this garbage.
EMT is at 4.26 +/-. Lets see how the tests go for C but my guess is that it will do OK.
BBB believes in Tom like an atheist believes in god.
We all have been done by Tom.
Despite that the stock is in the crapper.
PPS is just about half of what I got in at and just about as low as you could hope for if you were to buy in big and hope for a short flip.
Even with his talk of new and improved there has been little support or interest.
Unless some big news comes out I don’t see this making a move upward for a while.
Huge volume, big sales, gov is dumping parts of its share today.
Looking at a continued slide downward but at a slow pace.
Lots of EMT volume today
Not worried about his thoughts, he is after all a big dog and works with large money.
If the returns are not what he is looking for he moves on but looking at what he is still holding kind of says that he isn’t all out.
If you want to play the short trade with this stock you will do fine as long as you can hold for up to 3 weeks at a pop.
I’ve said it before and I’ll say it again, put a little aside each transaction for your long term, this is not going to go away.
Like Dumbarse points out, C is holding on its own these days.
Lets see how it does when the buying spree hits this month.
And yet someone is still buying this crap.
SEVA hasn’t shown a single positive action in how long?
Hacketts is gone and now Tom’s failed Wise”a$$”buy’s isn’t doing a thing.
They can’t even muster up a good BS report to keep themselves out of the courts.
He R/S the crap out of everything because it is “undervalued?” (how can anything that is totally worthless be undervalued?) and screw with the investors so they can’t even try up dump the worthless crap.
When is he going to have to make an account for himself?
Rocky road ahead.
With all of the yelling about improper paperwork on foreclosures all banks will suffer a rough ride till names are cleared even if they weren’t involved.
Not what the banks of recover needs right now.
Ha Ha Ha, tell me another good one will ya.
Look back at the charts on this and anything else Tom has a hand in.
Hype, pump and dump.