Citigroup - BUY

What's your opinion?

  • I agree it's a BUY

    Votes: 33 47.8%

  • I don't agree it's a SELL

    Votes: 28 40.6%

  • I don't agree it's Neutral

    Votes: 8 11.6%
  • Total voters
    69
Quote from robbie380:

no you didn't. you called out a risky low percentage trend fighting trade. you tried to quantify it as low risk because you made up some lofty profit target which was never really attainable. i laid out the scenario correctly and you didn't want to hear any of it. if a trade moves against you that quickly then you clearly didn't grasp the risk, reward, and percentages correctly. you were happy to fight a massive downtrend and dismiss anything i said.

keep up the elitetrader trend fighting trades!
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I simply value my opinion more than I do yours, I thought that was made clear. I will not discuss anything with you anymore as you are being disrespectful & unreasonable. You have an opinion, there is the poll above, hope you voted :)
 
As far as opinions go, here is another opinion, there are plenty more, they all vary. I've noted your opinion as really bearish, TY!

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1971945>
 

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What conditions EXACTLY?

I don't see anything technically that indicates this stock is going to move upward. The stock is in a downtrend as I see it.
\Elaborate on what conditions you see and please be specific.



Quote from JSSPMK:

I did not try to call THE bottom, I spotted conditions pointing to a potential bounce which exceeds risk.
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Quote from JSSPMK:

I simply value my opinion more than I do yours, I thought that was made clear. I will not discuss anything with you anymore as you are being disrespectful & unreasonable. You have an opinion, there is the poll above, hope you voted :)
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lol if that was disrespectful then you really can't handle criticism.

hey did you see C today? do you have anymore stock recommendations? you are a genius. fuck facts....you've got moxie and that great gut feeling. it's a good thing you value your opinion more because you are the only one. it's clearly worth much much much less than my opinion...especially now lololloloololololloloolloloololloollolol

this thread has earned a cat!

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None of you are traders (the ones making remarks after events have taken place & in such a manner), because you do not understand the most simple thing in trading - be ready to lose & know how much you can afford to lose. Judging by childish replies today I know who is who according to replies. In trading losing is a common event. I wonder what would you have said if stock moved in my favour, I know what - nothing. So grow up already. We have liquidity in markets, because people have differences of opinion, if we didn't, then we would have untradable markets, where one day you are a winner & the next you are broke.

The reason I did not trade this is because I don't trade stocks, nothing more, nothing less. I am a countertrend discretionary trader & on this occasion my decision to find an intermediate bottom in light of a pattern that I trade all the time via futures was not wrong in principle, but it simply didn't work out in my favour, none here on ET have crystal balls with a 100% certainty of predictability of events to take place in the near future.

Anyway, I am man enough to admit a loss, even if paper one.

Appologies to anyone that has bought C after this recommendation, but as I said earlier on position sizing/money management would have prevented any substantial loss to capital.

Robbie & Co, I will say this again you need to grow up. There is a saying - What is the difference between a genius & stupid? Stupid has no limits.

Edit: Robbie----->Ignore
 
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