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How about the scenerio where (we hope and pray) the Honorable Judge says sell swifts house to help pay off the carnage!!
I agree 110% snake eyes. shorts covering before market and after hours and of course it's being held where they want it-- but now that it's shorted to this level-- i think (jmho) they will jump on next week and ride it the other way now.
The stock! Fox
Took a huge loss on osci--- bought it 10 days ago-- and it went belly-up i was hoping for a bounce today didn't happen so sold it and bought some X with the little i had left.
Hey daddy Rubco, i helped knocked out some of them today!
I second that Larrywh
God hears the cry of His people!! And works in mysterious ways! It's nice to have Monty and God on our sides. Go Xkem
isd673,at the bottom of your page---july 21st civil contempt hearing? Thats only if LMF did'nt turn over e-mails-- ??
John, Our deepest sympathy. So sorry about your deep loss. We just got back from Atlanta early this a.m.
I agree! It says a lot-- and it helps us keep the faith!
there is no point-- because it said reply to none-- just saying there was some nice buys!! That is all
reply to none --Over 6 million on this page alone!!
Citigroup Inc. (C) After Hours Trading
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16:38 $ 3.02 669
16:38 $ 3.02 1,331
16:35 $ 3.03 107,524
16:34 $ 3.03 2,132
16:34 $ 3.03 5,368
16:33 $ 3.03 3,382
16:33 $ 3.03 1,000
16:33 $ 3.03 250
16:33 $ 3.03 2,868
16:32 $ 3.03 1,000
16:29 $ 3.03 193
16:29 $ 3.03 807
16:28 $ 3.02 2,000
16:27 $ 3.02 169
16:27 $ 3.02 831
16:26 $ 3.02 6,000
16:26 $ 3.03 107,524
16:25 $ 3.02 7,069
16:25 $ 3.02 1,800
16:25 $ 3.02 1,500
16:25 $ 3.02 1,500
16:25 $ 3.02 1,500
16:25 $ 3.02 3,400
16:25 $ 3.02 3,400
16:25 $ 3.02 5,000
16:25 $ 3.02 5,000
16:25 $ 3.02 5,000
16:25 $ 3.02 5,000
16:25 $ 3.02 5,000
16:25 $ 3.02 4,831
16:25 $ 3.03 153,004
16:25 $ 3.02 1,000
16:24 $ 3.02 250
16:24 $ 3.02 1,000
16:24 $ 3.03 100
16:23 $ 3.03 300
16:23 $ 3.0507 5,000,000
16:22 $ 3.03 107
16:21 $ 3.01 31,250
16:20 $ 3.03 1,396,361
16:20 $ 3.03 63,510
16:15 $ 3.02 300
16:14 $ 3.03 601
16:14 $ 3.03 536
16:14 $ 3.03 3,400
16:14 $ 3.03 200
16:14 $ 3.03 5,000
16:14 $ 3.03 3,464
16:12 $ 3.02 650
16:11 $ 3.03 1,203
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See also: After Hours Trading, Pre-Market Tr
If i'm not wrong, they just suspended loans for about 3 weeks. And the street will see increase the pay as a plus to get top people--imho
Thought i read a post on yahoo board about 6 weeks ago that basically what was going on with C was that by selling puts and selling common @ a loss-- maybe a 20% hit overall on the shares but they would more than make up for that by what they would make on the sale of the puts. Drive the price down so they get more shares on the conversion-- get the pop and then short again--- any of this make sense to anyone here on this board?
same to you! Rubco
i can't remember who posted recently about swift being so arrogent on the conference call. But this is what job 40:12 says "look at every proud man and humble him, crush the wicked where they stand." p.s. also Pride cometh before the fall!
Just a quick ?, if someone would put together all the rasons that swift and burg should resign now and all the shareholders signed the petiton that lists all the criminal activity and other just self serving reasons. It should do 2 things--make it clear we know whats going on and 2 that civil action will be taken for them fleecing us if they don't resign now!
OK don't work to hard.
Message to the raven or lochute, check your e-mail and post video to the board if you can. Thanks!
SEVENTH!!
WAKE-UP SLEEPY HEADS!! It's a new day with the X
Rubco -- you will have to wait till the a.m. ;>)
nice a.h. action middle of pag
Volume: 4,512,890 After Hours
Low: $ 3.36
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16:31 $ 3.36 1,500
16:31 $ 3.36 800
16:31 $ 3.36 1,500
16:31 $ 3.36 1,200
16:31 $ 3.36 10,600
16:31 $ 3.36 2,137
16:31 $ 3.37 1,433
16:30 $ 3.37 500
16:30 $ 3.37 1,000
16:29 $ 3.37 1,433
16:29 $ 3.37 9,000
16:29 $ 3.37 500
16:29 $ 3.37 3,000
16:29 $ 3.37 500
16:29 $ 3.37 500
16:29 $ 3.37 500
16:29 $ 3.37 1,500
16:29 $ 3.37 1,500
16:29 $ 3.37 500
16:29 $ 3.37 500
16:29 $ 3.37 1,400
16:29 $ 3.37 1,500
16:29 $ 3.37 900
16:29 $ 3.37 1,200
16:29 $ 3.37 1,500
16:29 $ 3.37 1,500
16:29 $ 3.37 1,500
16:29 $ 3.37 500
16:29 $ 3.37 500
16:29 $ 3.55 2,000,000
16:29 $ 3.37 6,000
16:25 $ 3.36 2,000
16:23 $ 3.37 308,952
16:21 $ 3.36 4,193
16:19 $ 3.37 500
16:15 $ 3.37 2,562
16:15 $ 3.37 5,000
16:14 $ 3.37 333
16:14 $ 3.37 1,667
16:14 $ 3.36 100
16:14 $ 3.36 1,500
16:14 $ 3.36 400
16:14 $ 3.37 3,149
16:14 $ 3.3695 167,500
16:14 $ 3.37 1,000
16:14 $ 3.36 1,100
16:14 $ 3.36 900
16:14 $ 3.3695 30,000
16:12 $ 3.37 1,333
16:12 $ 3.37 1,500
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Welcome back Monty! and congrats on your boy!
good point.
Then send him to jail!
true, but we also want to get rid of the current bod, if having the judge decide that Monty reorg. would be better than a b.k. being granted-- the better
YES he does, i'm thinking along the lines of the judge seeing a petition of sorts (A petition is a request to change something, most commonly made to a government official or public entity. Petitions to a deity are a form of prayer.)I know you know the def. i just happened to like this version used here (fitting). With real names, and real lives affected by Swift for HIS personal gain over the help this could have been, and was meant to have been through Dr. Pandy. Letting the judge know that we are behind Dr. Pandy and Monty to turn this company back on the right road again.
i too agree, also-- could it hurt for some one with more knowledge than me to start a letter with name and address and # of shares held and why we invested in this stock years ago--to be presented to the judge, making this more personable to him.??
Good point spoonman-- try and remember that.
Hey spoonman-- should of read ElisComing's post 1st then you wouldn't look so dumb!
Remenber hearing it--but don't know where. Sorry. e.o.m.
Here is someones view on why all this including a R/S good for C! http://web.mac.com/jzapple/lpam/LPAM_News/LPAM_News.html
I have 2 things in regards to cnbc bashing #1 the buylist http://thebuylist.com/default.aspx?Stock=c and schaeffers options page on the bottom left hand corner says under bullish that these 4 things make a stock bullish- high options open intrest, high short intrest, out of favor with most analysts, and high levels of skepticism THAT'S OUR C!
Cool, have a good weekend with the grandkids!
Your right there Rubco! Did you ever get that e-mail i tried to send you after we talked on the phone?
Well, i lied-- i'm here again--- liked to hear your respose to this from yahoo board. Seems like a good ??
Am I the only person bothered by the "interim securities" that the conversion from pfds to the common will occur??? As far as I've seen in the huge blocks of new common hitting the market, they try to make a slightly different class of shares for the new block (VIA & VIA/B is one example, there are many others). The new shares will be non fungible for the liquidity purposes to protect the investors in the existing class. Please, somebody tell me why wouldn't C create a new class of common for the conversion. I mean the "interim securities" is basically what people will get. Am I the only one seeing this? All those arbs don't seem to be interested in which class is being shorted. Do you people have any idea what will happen if there is a conversion to a different class? All those retarded arbs will still be short C and paying through the nose in borrow costs, and nothing will change. The old common will have the same float, and just as many shorts. Doesn't anyone think that $10 is likely in this scenario?? I mean, really where did C say they will convert to the same class? Why is it so hard to understand? WV will seem mild in comparison when this comes out. Rating :
(No ratings)
to end this i agree with most of what you just said-----and i DIDN'T say YOU are bashing -- i believe it was rbcankiss was the one trying to say there is to be 58 million more common shares!
Here's a very intresting take on C from yahoo board!!
Re: 8K Filed.........Link 10-Jun-09 05:04 pm you are wrong...if you submit your c-pp shares for conversion they will get converted...end of story.
Also I think only $41B will be converted...here is why
General: Pursuant to the Exchange Agreement with the U.S. Treasury, the U.S. Treasury will exchange an amount of its preferred stock for newly issued warrants of Citigroup and Interim Securities to match on a "dollar-for-dollar" basis with the aggregate liquidation preference of the preferred stock exchanged by all of the private holders of its convertible preferred stock issued in January 2008 (the "Private Holders") (the "U.S. Treasury Private Transaction").
If you read all that...it is saying it will only match dollar for dollar...C will only convert 20.5B total in public, trups and etrups pref. shares...that is $41B...and only 18B shares outstanding...they do not need to do $58B...and $41B will be $8B more than they needed...and would get them through an additional stress test...C can then take the 5B shares they did not issue during the conversion and wait for the PPS to rise to $6 maube $7 then sell 5B shares at $5...that is $25B then pay back the tarp...sounds like a plan to me
Your right it's very simple, based on earnings--- i happen to believe when the Gov. gives you money to loan @ $0.00 and you loan it out @ 4%-- someone will make money. I happen to think earnings will be very good going forward. If you think the stock is too riskey--- do what you like. BUT it sounds like someone is bashing when they say 58 billion when it's nowhere near that. And C is paying tarp back by issuing the shares to gov. You do as you wish! glta