Is Citigroup the next one to run?

[davecash77]

heard **** Bove say that he thinks C can run to $10 and maybe more.Do you guys think that is possible ?

[davecash77]

Cramer leads off his show tonight saying C is a $12 stock..Thanks Cramer I was planning on buying it on Friday it went from $3.50 to over $4 in after hours..

[teenwolf41]

Its the next one to run because I sold it at $3.

[davecash77]

Citigroup - C got a big upgrade today from BofA/Merril to a buy..

http://www.marketwatch.com/story/b-o...?siteid=yhoof2

[davecash77]

She is making her run up to $4.80 today...

[Aufan 1983]

I loaded up with C last week. My son wanted to get into the market so he threw in 1500.00 hoping to take out about twice that,

C is on a roll and has along way to go

[thegreatgate]

Originally Posted by Aufan 1983

I loaded up with C last week. My son wanted to get into the market so he threw in 1500.00 hoping to take out about twice that,

C is on a roll and has along way to go

I opened up an options account last week. Still barely know anything about options but what I do know, is that if the company stock goes up 2x, then the right options pick are going up by at least 5x.

I'm going to look into the January or March 2010 calls for Citigroup.....right now the January 2010 $10 calls are going for 9 cents a contract. I'm no expert on options, but if Citigroup hits $10 by January I'd imagine I could sell them for at least 75 cents a contract (8x investment).

But don't quote me on it cause I definitely know little to nothing about options. On a scale of 0-100, where 100 equals complete understanding of options, I probably rank in around 3 or 4!!

[davecash77]

Originally Posted by thegreatgate

I opened up an options account last week. Still barely know anything about options but what I do know, is that if the company stock goes up 2x, then the right options pick are going up by at least 5x.

I'm going to look into the January or March 2010 calls for Citigroup.....right now the January 2010 $10 calls are going for 9 cents a contract. I'm no expert on options, but if Citigroup hits $10 by January I'd imagine I could sell them for at least 75 cents a contract (8x investment).

But don't quote me on it cause I definitely know little to nothing about options. On a scale of 0-100, where 100 equals complete understanding of options, I probably rank in around 3 or 4!!

Well if your a 3 or a 4 im a -1... I just don't get the option thing I know it's like insurance but I have a mental block.As you learn thegreatgate maybe you could enlighten the rest of us..I really want to learn this stuff but having a hard time.

[thegreatgate]

Originally Posted by davecash77

Well if your a 3 or a 4 im a -1... I just don't get the option thing I know it's like insurance but I have a mental block.As you learn thegreatgate maybe you could enlighten the rest of us..I really want to learn this stuff but having a hard time.

I created a thread on options. Despite the fact that I have no knowledge on options I will probably make my first trade in the next couple weeks. I learn best by first-hand experience...How can I not learn by trading them? It might take a few weeks or couple months, but I hope I'll get the hang of it...

[davecash77]

Stock hit $5.00 today so far not really sure what the catalyst is driving it up but it has made quite a run.