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Look Out for Oil & Gas, Energy, Commodities Stocks
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AK_Francis
Supreme |
08-Sep-2009 22:45
![]() Yells: "Happy go lucky, cheers." |
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OK, in that case, in next lunar Tiger Yr, must run road liao, probably by then, its px alrdy surges to USD $10.00 loh. Cheers.
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wongkz
Member |
08-Sep-2009 19:05
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received another letter from uob kay hian. "...Citigroup Inc has announced a reverse stock split at any time prior to 30 june 2010 as follows: Rate : 7 old shares into 1 new share..." |
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keepnosecrets
Master |
28-Aug-2009 13:26
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For US stocks, small lots can still be traded. So if citi go stock split, at 30:1, then 1000 shares become 33.33 shares. The decimal shares don't know what to do with them. Anyone with experience? | ||||
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Hulumas
Supreme |
28-Aug-2009 12:42
![]() Yells: "INVEST but not TRADE please!" |
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That is one of the way US huge fund raising globally through its capital market perhaps!
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Hulumas
Supreme |
28-Aug-2009 12:22
![]() Yells: "INVEST but not TRADE please!" |
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I sold it.
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maxcty
Master |
28-Aug-2009 11:44
![]() Yells: "always a learning day for me in trading" |
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for those who are earning profits now...should we take and run 1st.. and back after this split?? advice? | ||||
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AK_Francis
Supreme |
28-Aug-2009 11:35
![]() Yells: "Happy go lucky, cheers." |
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Not likely to get the insider news as when the grp will forecast d actual date of splitting. On the otherhand, if the grp intended to push up the px for better split px, then looking at the uptrend of the stock px vs the market index could be one of the option to determine the roughly conversion period loh, AK guesses. Nonetheless, any supporters on Citi, Fm n Fre, got news, kindly propagate n let us run road together. Cheers. |
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alexmay
Veteran |
28-Aug-2009 11:28
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If that is the case those of us with profit should take first lor and see what happen when reverse stock split is done. Maybe like AIG. | ||||
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leoleo
Senior |
28-Aug-2009 10:40
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is that true ? Where to get the info ? | ||||
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stupid_guy
Member |
28-Aug-2009 00:17
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looks like good news to C | ||||
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wongkz
Member |
28-Aug-2009 00:13
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wah lao, US stock, i only ve C, FNM, FRE and Lehman (but done liao). if such is the case, all my 3 stocks kanna. good or bad, i dunno. but, considerin i didnt sell them during the darkest of times, i will continue to hold them. hope i will be rewarded for my persistence. |
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AK_Francis
Supreme |
28-Aug-2009 00:12
![]() Yells: "Happy go lucky, cheers." |
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Brother, amateur only lah. Kept since Apr, wanted to keep them for long. But now, d rumour threatening leh. \ See situation n react accordingly loh. Cheers.
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freeme
Elite |
28-Aug-2009 00:06
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wah u must be huat big time.. keeping all the US losers, now turn multi baggers..
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AK_Francis
Supreme |
28-Aug-2009 00:04
![]() Yells: "Happy go lucky, cheers." |
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not a bad idea. previously AIG splitted 20:1, consol px next day was 18.08 USD fr last done px of 1.16USD. ha ha, it just clocked 49.00, up 11.00. Citi now ard 4.85. If consol now, with 2:30 split ratio, then a helfty of 72.75 USD would likely be d offer px liao. But a bit too high as compared to JPm of current px of 43.00 and BOA just only 17. If thats come true, AK chiat lak liao, then I will be holding odd lots liao. Hope they can hold d horse for a while until I clear them first. Incidentally, article also mention F Mae n F Mac may consol as well. If comes true, kena also. |
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freeme
Elite |
27-Aug-2009 22:10
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i guess: 30shares = 2shares.. share consolidation
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wongkz
Member |
27-Aug-2009 22:01
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received a letter from uobkayhian, saying tat citi may execute a 2 to 30 reverse stock split. anyone w any insights? wats the repercussion? |
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