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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?


To: VelvetX who wrote (3070)3/3/1999 11:25:00 AM
From: bubonic  Read Replies (1) | Respond to of 9115
 
CITI is back down to 1.5. Is it a good time to buy back in.
Who thinks it will really break 2?



To: VelvetX who wrote (3070)3/3/1999 11:35:00 AM
From: Retired41  Respond to of 9115
 
Absolutely, I am trying to short this. Just think fundamentals are fundamentals. CITI is not here for the long term.

I can wait. Please run this baby up so I can then do my thing. Then we all make some money.

Bottom line is they are a floundering company that files late with the SEC, is far from a startup, etc., etc.

Sorry guys. daniel knows I like him, just not one of the sheep.

IMHO this has all the signs of a serious problem (can anyone really believe it is OK that they have only about $70k revenue per employee when it should be about twice that and they increased people?).

Has anyone spoke of the value here? Special proprietary product? No competition? Huge gross margins with exponential sales increases last three years? Wildly successful and insightful management?

Still havent heard if I can more than double the old short position in one trade. Guess you all will see what I do.

Sorry to have to be so contrary, but I can't find anything here to hold onto.