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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: octavian who wrote (40868)11/26/2008 9:34:10 AM
From: gronieel4 Recommendations  Read Replies (2) | Respond to of 42834
 
"--Right, kirk. Citigroup went from $53 to $4, and gronieel concluded you had lost money on it. He was OBVIOUSLY lying!!!..."

Actually Octavian, I never did say Kirk was losing money on Citi.

I just pointed out his bizarre and oft repeated claim that Citi stock was just like a bond and you could just hold on and get your money back.

Well of course Cit slid right down the toilet and was way below what Kirk said was a "good price".

Now Kirk has taken another bizarre position loudly proclaiming that he CAN'T lose money on C even if it goes to zero because he took out his original investment years ago.

That must be comforting to recent subscribers who bought at Kirk's much higher recommended prices...if there is such an animal.

Of course, those Citi "bonds" dividends are now limited to a penny a share...right in Kirk's league.