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Stock advice - Citigroup (C)

Discussion in 'Stocks & Investments' started by nd, Apr 27, 2010.

  1. Apr 27, 2010 at 10:57 AM
    #21
    98tacoma27

    98tacoma27 :POOPCORN: Thor

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    Big eye opener for me too. Thank you for your post

    +1
     
  2. Apr 27, 2010 at 11:00 AM
    #22
    Veccster

    Veccster bass turds

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    Yes, Google goes up and down by much larger amounts than Citi. This week alone it went from $560 - $530. And it will only take a couple good days in the market to make that $30 back.

    Also, FYI and a tough lesson to learn, good news is not always good news to a stock. If analysts predict earnings will be up by 10% and they announce they went up 23%, the stock will fall. I still don't understand why but it is almost always the case. If analysts predicted earnings to fall by 10% and they announce that they fell 10%, the stock will likely go up. It's tricky stuff.

    Do not fall into penny stocks or anything on a "pink" sheet. They are easily bought and can go up or down by 500% in a day. But more times than not, they just go under - or split so that your money is worth nothing.

    I owned 1200 shares of a penny stock ($800). It split and I ended up with 20 shares at $.002 each. That happened overnight and without warning.
     
  3. Apr 27, 2010 at 11:56 AM
    #23
    nd

    nd [OP] Radical Town. It's a hell of a place!

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    actually Jim Cramer addressed your observation and it made sense. a stock that is predicted to do well taht does do well is no big deal. it doesn't take anyone by surprise and so everyone ignores it. but a crap stock that does well is a huge upset. people dont see it coming and start buying it up which hikes up the price. that was basically how he explained it and he used coke and KFC (or the group that owns KFC) as perfect examples. Coke was suppose to do well, they did well, and their stock dropped. KFC was suppose to do just ok, they ended up doing well, and their stock skyrocketed. i may be doing a shitty job of explaining it but it makes sense if it is explained by someone who is not retarded.

    what about IPO's? i have no interest in exploring that until i get a little more established, but has anyone here had any luck with IPO's?
     
  4. Apr 27, 2010 at 11:59 AM
    #24
    98tacoma27

    98tacoma27 :POOPCORN: Thor

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    KFC is owned by Yum Brands.
     
  5. Apr 27, 2010 at 12:33 PM
    #25
    Richman21

    Richman21 I think therefore I'm a Democrat

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    Google IPO was $85 a share, it's around $530 per share now, that's a pretty nice return for a little for 5 years. I just bought some IPO's last week. CDXS, initial offering was at $13, I got in at $13.75 and the stock is now at $14.14, not a huge jump, but I'll aim for 10% return then dump it.. well.. we'll see how it's doing then. Years ago when I was at Morgan Stanley, China Telecom was a big IPO, it was offered at like $18 per share, now it's $47 per share so not that great, but it was high as $89 a share. I think an IPO can be huge in both ways, up and down, you just have to find the right one at the right time.

    Codexis I think at this point, but would not recommend to you, because of the short history of the company's stock, is a pretty good IPO. This a snapshot of what the company does, The company manufactures synthetic enzymes that convert organic materials — like wood chips, switchgrass, cornhusks, sugar cane — into biofuel. The process can also be used for the pharmaceutical industry.
     
  6. Apr 27, 2010 at 12:56 PM
    #26
    nd

    nd [OP] Radical Town. It's a hell of a place!

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    yup, thats what he kept saying. i knew it was something like that but didn't feel like searching before i submitted my reply

    yeah, i know you can win big or lose big. seems like IPO's are something to keep an eye on but not to play unless you have some good info in a good company
     
  7. Apr 27, 2010 at 1:35 PM
    #27
    nd

    nd [OP] Radical Town. It's a hell of a place!

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    i decided to go with Ford.
     
  8. Apr 27, 2010 at 2:22 PM
    #28
    Veccster

    Veccster bass turds

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    I accept no blame when that stock tanks!

    Did you research why it dropped 6.15% today when the NASDAQ only fell 2%? I didn't...I'm just asking. Regardless, you're getting it for a good price.

    Update this thread with the results from that investment. I hope we helped.
     
  9. Apr 27, 2010 at 2:24 PM
    #29
    98tacoma27

    98tacoma27 :POOPCORN: Thor

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    Everything dropped today, at least my stocks and the ones I've been watching
     
  10. Apr 27, 2010 at 2:26 PM
    #30
    Veccster

    Veccster bass turds

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  11. Apr 27, 2010 at 2:28 PM
    #31
    98tacoma27

    98tacoma27 :POOPCORN: Thor

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  12. Apr 27, 2010 at 3:00 PM
    #32
    Richman21

    Richman21 I think therefore I'm a Democrat

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    Keep a close eye on Ford, it's trading close to it 52 week high and close or above it forecast high.
     
  13. Apr 27, 2010 at 3:05 PM
    #33
    81shark

    81shark Well-Known Member

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    start with the 8K's and 10Q's

    LOTS of good info in them.

    as others have said, don't value a company based on the stock price. that's just a function of the total market value of a company / shares outstanding.

    i like to look for undervalued stocks and then also like to play in the bad news areana. ie. CTS. they made the recalled toyota pedals. stock dropped from ~10 to 6.xx on the news. Now that we know what the real story is, stock has rebounded to 10.xx. i did the same thing wity Tyco a few years back.

    I'm thinking of picking up a few GS shares now.
     
  14. Apr 27, 2010 at 3:08 PM
    #34
    81shark

    81shark Well-Known Member

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    Cramer is a douche.

    Guy at work has some F. He keeps saying it's headed to $20. I've no stake
     
  15. Apr 27, 2010 at 3:11 PM
    #35
    81shark

    81shark Well-Known Member

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    WOW. that's an intersting one...zero revenue and a share price over 14 now.

    that would be a tech company. if the product turns out good, than i'm sure it will make a ton of money. if product isn't so good..poof, here comes zero.

    i'm not saying to buy or sell. interesting tho
     
  16. Apr 27, 2010 at 7:12 PM
    #36
    nd

    nd [OP] Radical Town. It's a hell of a place!

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    they posted a 2 billion dollar profit but warned that the upcoming economic climate is fragile and growth may be slow and blah blah blah. so they posted good results but kinda gave a warning about the future. at least thats what i read

    not my precious delcath :p

    these are the kinda tips you guys need to be giving me. i mean is that too much to ask? all i'm looking for is a stock thats dirt cheap, thats 100% guaranteed to quadruple in value overnight with absolutely zero risk and i get the tip before anyone else. i mean theres gotta be tons of those floating around right? .....right.....?

    i know stewart hates him and saw some negative clips in teh past. i know hes a douche but everyone i know who listens to him generaly does well by him. plus, despite his numbers, he does a good job explaining the workings of hte market to the common man, making it alot easier to figure stuff out for yourself.

    here's my reasoning. it may be very elementary but it makes sense to me. their 5 year high was $15.xx. that was back when they didn't make a single solitary desirable vehicle (besides the heavy duty trucks). there stock is now at $13.xx and they are jsut now starting to take QA into serious consideration and tehy are finally making good looking nice cars taht people really want. i think the bailouts woke em up and they are serious about not tanking again. so if their high was $15 in the bad days, and good days are on the way, i figure they gotta go up. i know theres no such thing as a sure thing but i got a good feeling about the direction ford is taking. i figure someone like me who generally hates american cars looks at one and goes "oh, i wouldnt mind having that" thats a good sign their stock is gonna go up. hope that line of thinking works out for me....

    i'll be hitting refresh every minute on June 5th to read their report as soon as it comes out. as soon as i read it i'll decide whether to ride the wave of cash or sell before i lose it all. i've read some analysts predict the stock to hit $21. if i see it get anywhere near that i'm cashing out
     
  17. Apr 28, 2010 at 7:50 AM
    #37
    98tacoma27

    98tacoma27 :POOPCORN: Thor

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    Spot on Shark. It seems the valuation of the company is based on the potential of Phase III because it has lost money over the last 5 Q's. And it only has the one product.

    http://www.reuters.com/article/idUSSGE63K0M920100421
    http://www.delcath.com/index.php/ne...lts-exceed-primary-endpoint-expectations.html

     
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