Archive for the ‘Financial’ Category

As you may already know, Citigroup traded today at 10 times the amount it was trading on Friday. Wait! Did the stock go up a 1000%. Of course not, it there it was just reverse split, where 10 stocks on Friday were grouped into 1 stock this Monday morning....

...is the stock of the company with the ugliest website. Berkshire Hathaway Inc. (NYSE:BRK.A) is currently trading at $121,650.00 (yes, that's only only one hundred and and twenty one thousand and six hundred and fifty dollars and 0 cents), which makes...

I always believed in C (Citigroup Inc.). It is one of those rare stocks that I believe will rebound extraordinarily when they do rebound, and I always made money on this stock, regardless of the price at which I bought it. Let's examine the performance...

I've traded with most bank stocks and I can safely list the 3 worst bank stocks currently listed on the market (starting from the ultimate worst, oddly enough the list below is also sorted by alphabetical order): - AIB (Allied Irish Bank) - BAC (Bank...

April 30, 2011 | In: Financial

Is AIG Undervalued?

I check AIG, probably one of the scariest stocks ever, from time to time, so that I know if I had bought AIG when the stock was trading at $0.5 back in 2009 (well the stock had 1:20 reverse split since, so it was effectively trading at $10). Yes, that's...

One of the worst bank stocks (of course with the exception of AIB and IRE) is BAC (Bank of America Corporation). This stock is in a downtrend since April of 2010, and everytime the stock breaks the $15 level, it goes down a few dollars. The stock reached...

I learned 2 things since I first started trading: 1- What goes up will go down (and vice versa). 2- BAC can be a dangerous stock. I sold all of my BAC shares by the end of last month, at around $13.30. Almost a week later, the stock went up a buck,...

January 7, 2011 | In: Financial

AIB: All the Way to a Penny

Even in this fresh start of the year, where most financials are going up and breaking new highs on very high volume, AIB is determined to resist this upward trend, and continue its decline, all the way to a penny. The last time the stock saw a value above...

Just because a stock is Irish it doesn't mean that we should think of it as a loser, even if it's an Irish bank stock. Ever since AIB started dropping below the $2 level back in August for known reasons, the market confidence in the Irish banking sector...

...that others are losing... Both stocks can be considered a success story or a sad story, depends on which side of the fence you are. The rules of the game are simple: it's a buy for AIB when it's below $1, and sell when it's above $1. As for IRE,...

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