Citi group rebounded. US stocks is way better than Wilmar (once shot down can't climb anymore)
citi kana wacked down by 6% after result fall short against analysts estimates. BAC may be likewise.
i hope to see citi to reach $10 and bac at $25 in 3 years time....
may i know wat is the target price of citigroup?
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These days the central bank prints money electronically by buying up securities in the open market, lending new money to private banks and/or buying assets from banks. The money is then credited to private banks. Theoretically, the private banks then use this money to create more money through lending. That process then adds more money into the economy.
Oops, in another words, they are using the printed money to lend to people to buy properties, the government using printed moneis to buy assets etc......
US$ = Monopoly $ hahaha!!!
Quote :
Bot BAC @ 11.6...now waiting for my TP to let go...
Still holding on my Citi...
today's "The Wall Street Journal" said that is too soon to celebrate BAC's mortgage pact, think the coy may not have cleared all its liability on the mortgage agreements with others. hopefully they can put this to bed asap and move back to $20 again. citi had a good run in the last 2-3 week, waiting for it to break $5.
good news for citi with the usa gov disposed off their holdings, and this is proven that market has absorbed all the shares and pushed the price up
i got both, all are equally lagging, BAC is worst especially after the Q2 result, price dropped from $18 to the current price, dont think there is any chance price is going to come back up in the near future.
All are not worth buying!
maxcty ( Date: 06-Dec-2010 23:04) Posted:
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BAC is heading to near 52 week low.....guess is more worth buying as compare to citigroup(still holding since $3).....
Looking to enter @ 10.5~11 for BAC