One of the stocks that I watch most (but I've stopped trading since last year) is BAC. Although I have categorized this stock as risky before, I think it is one of the most interesting stocks out there. The pattern is now very clear, the long term...
We all know that the majority of people don't trade stocks, because they think that:
- Stock trading is a form of gambling
- Stock trading can be very risky
We, stock traders, laugh at the first point, because real stock trading doesn't just...
June 15, 2011 | In: Lists
Most individual investors seek low priced stocks because of the following:
- They can afford to buy a lot of shares of these stocks.
- Their profit (and so will their loss) margin will be much higher than with high-priced stocks because of the...
I was just checking C, and I noticed that Citigroup and Bank of America are very close to each other when it comes to market capitalization. Citigroup has a market capitalization of $114.90 billion while Bank of America has a market capitalization of...
Citigroup Inc. (NYSE:C) is now trading at $36.81, just $0.60 above the 52 week low. But how low can it go? I think there will be huge support at the $35 level, but if that support is broken, then the stock could go down to $30.
But the question is, is...
BAC (a stock that I loathe and thankfully have stopped trading for a while) is currently trading $10.93, which is just 2 cents above the 52 week low. Will it break this $10.91 barrier today?
I think if it does, then there's a huge potential that BAC...
I like the "Top 100" lists that I'm creating. This time I have decided to create a list with the top 100 stocks, with high volume, that are trading below their book value. Let's take a look at this list...
RankSymbolVolumeBook ValuePricePrice as a %...
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....
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...
One of the factors that I use to buy stocks is their P/E Ratio (Price/Earnings Ratio). The P/E Ratio is calculated by dividing the share price by the EPS (Earnings Per Share). For example, in the case of RIG, the P/E Ratio = Share Price/EPS = 73.10/2.97 =...