Right now the share price of these is complete irrelevant to me which is also why Im not playing them. I wont play them loong, and im waiting to short them (very soon, ill let you know).. I have been in this game long enough to realize when to step back and fundamentals dont matter and right now thats exactly whats happening. If you cant see why everyones upgrading and cheerleading thats a fundamental flaw in your strategy, not mine...
I called C a long time ago and was right almost to the penny but everyone laughed at me..The call was made when C was trading over $30 so I have some bragging rights and you may want to temper your laughter a bit because I also said several times that I wouldnt be surprised to see the market rally to 10k.
Non of this is a surprise to me at all.. and my account once again closes this week at an all time high. I made more money in the last 2 years then I did in over 10 years working several jobs, owning a business and doing the 9-5. Im very confident in what im saying and when im wrong I also say it- I just hope the folks your following such as flip flop Cramer will give you a heads up even remotely close to what I have been giving on these financials.
I wish you no bad luck and hope im wrong and hope you make a fortune.. but I stand by my calls and always have, but people have selective memory and choose not to remember when I said C was a single digit stock. BAC is too.. both garbage but thats just my opinion and I wish you luck..just dont laugh too hard because I have had these stocks number now for about 5 years and believe me 99.9% of the responses are just like yours- but some of those people are SEVERELY under water.. Im not.. This collapse has lined my pockets beyond my wildest dreams.. and yes, 80% of my trades have been long trades over the last 6 months.. I go with the flow, but never ignore the true underline rot.. you can ignore it or do whatever you want, not my problem : )
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