veeru_rocks Posted February 20, 2009 Posted February 20, 2009 It has gone down to below 2. BTW how does nationalization effects stock holders. There is rumour of citibnak nationalization in the market..
The Outsider Posted February 20, 2009 Posted February 20, 2009 It has gone down to below 2. BTW how does nationalization effects stock holders. There is rumour of citibnak nationalization in the market.. Look at the stocks of Fannie and Freddie to see how nationalization is going to affect the stocks.:giggle:
Lurker Posted February 20, 2009 Posted February 20, 2009 It has gone down to below 2. BTW how does nationalization effects stock holders. There is rumour of citibnak nationalization in the market.. Affects brilliantly. To cut a long story short - lav** lag jaayenge
veeru_rocks Posted February 20, 2009 Author Posted February 20, 2009 So I guess if that happens I will be royally screwed..... Sala maine soncha this is the rock bottom kahan se ye nationalization rumour aake sab satyanash kar diya......
vadodaravictor Posted February 20, 2009 Posted February 20, 2009 You don't know Murphy's laws of investing...:(( "A stock price will go down after I buy that stock" Conversely, "A stock price will go up after I sell that stock"
Lurker Posted February 20, 2009 Posted February 20, 2009 You don't know Murphy's laws of investing...:(( "A stock price will go down after I buy that stock" Conversely, "A stock price will go up after I sell that stock" So what happens if Veeru Rocks sells his stocks to Bhabhijee?? Dont say she will make millions and leave him high and dry!! :hysterical: On the plus side that will leave VR, or ex-DR, full time campaigning for Modi.
fineleg Posted February 20, 2009 Posted February 20, 2009 So what happens if Veeru Rocks sells his stocks to Bhabhijee?? Dont say she will make millions and leave him high and dry!! :hysterical: On the plus side that will leave VR, or ex-DR, full time campaigning for Modi. Maybe he needs to make a NaMo Inc, and release shares for NaMo Inc. :winky:
The Outsider Posted February 20, 2009 Posted February 20, 2009 Damn! Looked at Citi's chart - it was trading at 55 two years back! At 1.90 now having lost 25% just today!!
veeru_rocks Posted February 20, 2009 Author Posted February 20, 2009 You don't know Murphy's laws of investing...:(( "A stock price will go down after I buy that stock" Conversely, "A stock price will go up after I sell that stock" So far I have always made money this looks like the first setback..I guess will have to respect Murphy's law henceforth:--D
veeru_rocks Posted February 20, 2009 Author Posted February 20, 2009 Damn! Looked at Citi's chart - it was trading at 55 two years back! At 1.90 now having lost 25% just today!! I entered at 4 to stem the rot of that four again entered at 3 seems like bloody will have to enter again at 1 by monday to compensate for the loss of earlier buys..:--D
vadodaravictor Posted February 20, 2009 Posted February 20, 2009 I have been steadily dollar-cost averaging in this market since last two years. I hope I recover my lost money in my life time
veeru_rocks Posted February 20, 2009 Author Posted February 20, 2009 So what happens if Veeru Rocks sells his stocks to Bhabhijee?? Dont say she will make millions and leave him high and dry!! :hysterical: On the plus side that will leave VR, or ex-DR, full time campaigning for Modi. Sapne mat dikhao yaar:hysterical: Modi ka kahan hai abhi election yaar abhi to aadavni ka hai
The Outsider Posted February 20, 2009 Posted February 20, 2009 I entered at 4 to stem the rot of that four again entered at 3 seems like bloody will have to enter again at 1 by monday to compensate for the loss of earlier buys..:--D Chalo, looking at your track record on Citi, let me know the next time you buy and I'll start shorting it.:tounge_smile:
Lurker Posted February 20, 2009 Posted February 20, 2009 Sapne mat dikhao yaar:hysterical: Sapna nahin dikha rahoon, idea de reha hoon. Here is what you need to do: Step 1: Go home and shut yourself in a rooom. Step 2: Make a MMS clip of yourself and put it in Tharki thread Step 3: Make sure you send me your ghar ka number so I can call Bhabhiji and explain her things like Narad Muni. Theek hai?
veeru_rocks Posted February 20, 2009 Author Posted February 20, 2009 Khud se MMS clip kaise bangea be sathiya gaye ho kya.. koi balika bhi to honi chahiye.. Main waise finey pe dore daal raha hun dekho kya result aata hai
fineleg Posted February 21, 2009 Posted February 21, 2009 Khud se MMS clip kaise bangea be sathiya gaye ho kya.. koi balika bhi to honi chahiye.. Main waise finey pe dore daal raha hun dekho kya result aata hai DR! translate yaar :winky: I'm still getting tuition lessons B->
Desi Cartman Posted February 21, 2009 Posted February 21, 2009 Khud se MMS clip kaise bangea be sathiya gaye ho kya.. koi balika bhi to honi chahiye.. Main waise finey pe dore daal raha hun dekho kya result aata hai Investment failures for Dada in the last few weeks Money Fail : citibank Time Fail : Fineleg
The Outsider Posted March 5, 2009 Posted March 5, 2009 Bhaiyya, went below 1 today - are you planning on buying. If yes, I'll short!:winky:
Ram Posted March 5, 2009 Posted March 5, 2009 It has gone down to below 2. BTW how does nationalization effects stock holders. There is rumour of citibnak nationalization in the market.. How does nationalization affect stock holders? :haha: (In a very non-sadistic way..) Nationalization essentially means the govt. has fully taken over the institution and wiped out all stock-holders clean and dry. So, your stock wont even be worth the paper they have been printed on. Even if Citi is not nationalized (And it probably wont be, even though the govt. just announced that it is raising its stake in Citi to 40%), Citi’s stocks are still worthless. Because all the preferred stocks are either with the Govt. or those Sovereign funds in Saudi Arabia, that invested billion and billion of dollars in Citi to prop up the company. So, even if the company slowly begins to do well, all the profits will go to the people who hold the preferred stocks and not the average stock holder who holds the common stock. So, you can kiss goodbye to ANY dividends for many years to come. And DR because there are no dividends at all, what you have done by buying Citi’s stocks is not investing, but gambling/speculating. Your ass will be saved If the stock price goes up and you can sell your stocks, if it doesn’t, all the money is essentially tissue flushed down the toilet.
fineleg Posted March 5, 2009 Posted March 5, 2009 Investment failures for Dada in the last few weeks Money Fail : citibank Time Fail : Fineleg :whack:@desi I figured out all that Hindi beetle wrote to amits. It is not for nothing that I watch Hindi movies - better than books Lulz! (and having some friends who speak it). Dada - you continue your tuition! :D
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