Amazing stock story, 400% roi, what do you think

Discussion in 'General Chat' started by wounded1987, Apr 16, 2009.

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  1. #1
    i read somewhere that a guy bought citi shares last month when they were just $1.05 and now they are at $4 each so he said he invested into 600 stocks that seams a lot, so he's total gain is like $1800 which is amazing for 1 month
     
    wounded1987, Apr 16, 2009 IP
  2. teenwolf41

    teenwolf41 Peon

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    #2
    I bought 500 C @ 2.50. Doing well here also!
     
    teenwolf41, Apr 16, 2009 IP
  3. wounded1987

    wounded1987 Well-Known Member

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    #3
    do you think there is a chance they will go back to 2.5-3 range

    i need 2 buy some too =/
     
    wounded1987, Apr 16, 2009 IP
  4. web_hunk

    web_hunk Peon

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    #4
    Its happens all the time with stock market. One day the shares increase, other day they go down. You can't really predict what will happen. You should invest with caution. :)
     
    web_hunk, Apr 16, 2009 IP
  5. Colbyt

    Colbyt Notable Member

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    #5
    About 3-4 days of the never ending news channels talking about the end of banking and the modern economy and they could quite well be $2 per share.

    My point is we have way to much news coverage which causes the market to move far more dramatically then it really should move. There is no real reason why the Dow should be as low as it is. You have sound stocks paying over 6% in dividends.
     
    Colbyt, Apr 16, 2009 IP