Time to sell C?

CoachCB · Mar 28, 2010

Advice needed: I'm in C at around $4.67 (for 750 shares). It's made a nice run the last two weeks and is up to around $4.30. It was down in the mid $3 range not too long ago. Should I sell and take the $400+ loss or hang on? It was down over $1,000....

Thanks.

--

SmallDaddy · Mar 28, 2010

Who the hell knows!!!:think2:

C is a bankrupt company where everybody pretends its not.

Since the US gov't is guranteeing C's debt, I suppose might as well hold it

(or sell it for tax purposes and buy it back)

CoachCB · Apr 9, 2010

C is still moving up. It's at $4.55 today. If I sell, I will be out around $110. I was down over $1,200 several months ago.

I'd like to make a decision over the weekend...

Thanks, boys!!

--

CoachCB · Apr 14, 2010

C is up 35+% this year. I just sold, got out around $100 up. I was WAY down....so I'll take this. It's up to hear $5/share. I'll be interested to see where this goes....and I'm still wondering why it's take off so much....

Any inputs?

---