re: What is up with Citi

quote:

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a believe most people skull dragged you for infering these are $40 stocks.

Again for someone who was claiming at the time this was a 5 year investment, you are sure excited to brag about short term results.

Please continue like every other poster (by every other I mean NO ONE) and specify the exact number of shares you bought.... it makes you look cool.

Also you failed to mention in this post you sold out some of those positions already... sometimes it is hard to keep a story straight. Good luck to you.

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Man, you are on target and correct on most points. From my view, some of these these high risk stocks had potential to get to $40,$30,$20.. in 5 years - I still think that is true for some. I sold about 1/3 and got my money out and left 2/3's in to play on house money. I also put some in on Dow Chemical and Cisco with more modest returns. The point of my argument was to indicate that I thought the US economy would eventually come back which was / is counter to many pessimists on this board. I paid about $1 for Citi, $6.5 for GE, $.99 for AIG, $2.75 for Ford, $4 for BoA, $1 Etrade, and $16 Cisco.