Well come on, just look at the stock market, look at the charts and just think outside of the box. I’m looking right now into financial stocks in the stock market. I really think the banks that lasted through the economic crisis really are going to rebound stronger then ever with a new game plan. Now I know a lot of people don’t really know how to do research or how to be dilligent but those of you who actually know what they’re doing or some that just needed to be flagged in the right sector might benefit from this by simply doing a basic fundamental and technical analysis!
Citigroup INC (C) – They’re right now trading at $1.03, they’re at a point where they’re lower then they where when they first went public, this is going to be in history for citi group. This is as low as they’re getting.
Here is a chart right now of the full company’s trend since the company became public -
Full Trend Of Citi Group
Prediction - My prediction is that Citi Group will drop into a penny stock, well right now some consider Citigroup a penny stock but I don’t . A penny stock in my book is a stock that trades from .99 to 10th of a penny and lower. Citi group will go down to .60 – .75 cents my exact number would be .74 cents. Citi Group will start to carry up a little more back up to $1.00 – 1.25 on a good Bullish weekend right before 2010 and then we will see a dramatic rise in this companies earnings. It will get all the way to $10 – 12 by the end of 2010 and carrying into 2011 – 2015 this stock will eventualy get up to $50.00 in the next 5 years and up to $75 – $100 in the next 10 years. This is a long term investment!!!!
If you invest $1000 in the next month or so and pretty much forget about the investment and come back to it in 10 years you will make $75,000 – $100,000 just off one stock!!!
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