Comments on: Bought 600 Shares of Citigroup

By: Stock Trades Since October 2008

Stock Trades Since October 2008 — Thu, 30 Jul 2009 00:32:32 +0000

[...] both Ctrip.com (CTRP) and WuXi Pharma (WX) with little profit on March 5 and used the proceeds to buy Citigroup (C), which didn’t turn out to be a bad move, even though CTRP has also moved up very nicely [...]

By: Stocks I Bought With Scottrade Free Trades

Stocks I Bought With Scottrade Free Trades — Thu, 19 Mar 2009 13:47:22 +0000

[...] follow what I am doing on Twitter Thanks for stopping by!I mentioned early this month that I bought 600 shares of Citigroup (C) on the day when the stock was traded below $1 for the first time ever. From where the stock is [...]

By: Sun

Sun — Tue, 17 Mar 2009 12:39:29 +0000

I bought the stock when the price was close to the lowest level. If that’s the bottom, then the stock can only go up. No, I didn’t sell my shares and won’t sell them any time soon. 150% gain is nice, but not what I am looking for.

By: Buy My Stock Picks

Buy My Stock Picks — Tue, 17 Mar 2009 00:50:58 +0000

Hey ! I hope you sold them at $2.50 today… that’s an easy way to make a quick buck.

Do you think it can go even higher or the (unjustified) hype will be over this week? We saw the market slowing down this afternoon (even the TSX was much higher at noon even if it gained 1%).

I’m not quite sure we should listen to the same guy who brought us in this mess and now believing they tell the truth!

By: Sun

Sun — Tue, 10 Mar 2009 17:44:23 +0000

Citi is up 36% today. That’s a very nice bounce. Wish I have my money ready sooner so I can buy a little more.

By: Tim

Tim — Tue, 10 Mar 2009 17:36:36 +0000

Pandit says Citi operating last two months at a profit. whoohoo for all my shares i bought these past two weeks. you are right, not much to lose at $1/share

By: Sun

Sun — Tue, 10 Mar 2009 02:23:35 +0000

@Super Saver: Thanks for the mark-to-market information. I didn’t know there’s a hearing scheduled on that topic. Let’s just hope the rule will be suspended temporarily for the good of the financial stocks.

@Tim: Right now I feel that if big banks like Citi and BofA don’t report any more huge losses, their stock could start to recover. After almost a year, haven’t bad news come out already? Is there any more shoe to drop? I don’t know but I feel the worst is already behind us. At the current level, the stocks could go up a lot if there’s any good news. It’s a gamble, especially with Citi, but like you, I like to take my chance. Actually, I may buy more shares of Citi. Not too much to lose at $1 apiece

By: Tim

Tim — Sat, 07 Mar 2009 01:02:14 +0000

i keep promising myself i would stop buying citi, but every time it declines a dollar or two i end up buying another 1000 shares. i’m gonna buy another 3000 shares next week once i get my travel reimbursement. i really need to stop buying it though. it’s a bit like a drug to me. unlike wamu (which i bought heavy on the way down and sold when it spiked before going to pennies), citi has 50/50 chance of coming out of this. I like those odds at $1pps considering any ticket even to the govt conversion rate of preferred stocks over $3pps is 300% gain at this point. i like those odds for the money.

i need to stop buying GE as well. i really should be buying XOM, but i keep delaying.

By: Is Citigroup Stock (C) A Buy Now?

Is Citigroup Stock (C) A Buy Now? — Fri, 06 Mar 2009 03:34:36 +0000

[...] I eventually bought 600 shares of Citi, at a much lower price of $1.05 a share If you found information on this Diary helpful, please [...]

By: Super Saver

Super Saver — Fri, 06 Mar 2009 02:11:30 +0000

Who’d ever thought Citi would break the buck? It’s like buying a call option with no expiration date:-)

Could be good buy if Mark to Market is suspended temporarily. A panel is meeting on this topic on March 12. Financials would probably go up 100% after the suspension.

By: SunFinancial (Suns Financial Diary)

SunFinancial (Suns Financial Diary) — Fri, 06 Mar 2009 00:33:02 +0000

Bought 600 Shares of Citigroup: Well, I didn’t get it when the stock was traded below $1 a share for the f.. http://tinyurl.com/9jpds4