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Thread: Citgq

  1. 11-07-2009 10:04 PM #1
    Docreech15
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    Default Citgq

    I received an alert on citgq having a potential upside of 2252.9%. Cit Group filed for Ch 11 on November 1st and I got the email on November 6th. What are y'all thoughts on this?

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  2. 11-08-2009 01:38 PM #2
    kamilalli
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    Default Cit

    How soon do we expect a bounce in the price
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  3. 11-08-2009 07:43 PM #3
    Docreech15
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    The email didn't say when a spike in price would occur, so I'm guessing it's a buy and hold with expectation of a repeat of what lehman brothers did a few weeks ago when it spiked
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  4. 11-08-2009 08:00 PM #4
    mmta1
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    Default imgg

    do you think imgg will get approved this week?
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  5. 12-03-2009 06:43 PM #5
    jeffpak
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    Default citgq

    I thinq they will go all the way down for 2 reasons , first they have a debt to equity of 8.92 that is not good lol and you habe a BETA very high of 1.57 . I don`t see anything in technical too with the cci or the rsi or the 30 days or the 200
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  6. 12-31-2009 09:02 PM #6
    ixroth99
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    Quote Originally Posted by jeffpak View Post
    I thinq they will go all the way down for 2 reasons , first they have a debt to equity of 8.92 that is not good lol and you habe a BETA very high of 1.57 . I don`t see anything in technical too with the cci or the rsi or the 30 days or the 200
    Hi Jeffpak
    Yeah but remember Uncle Sam is now the largest Creditor and Stokholder!!
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