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Trade

Bought to Cover 1000 shares of C at 26.64

Casey posted on 02/07/08 at 05:14 PM (Note posted about 6 hours after the trade)
Trades | Notes | Blogs
Users Bought (30 Days) 54 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 96.03B
52-Week High 9.00
52-Week Low 0.97
10 Day Volume 397.09M
P/E -1.00
EPS (Trailing 12 Mos.) -4.24
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Bought to Cover
Symbol: C
Quantity: 1000 shares
Price: $26.64
Value: $26,640.00
Stop Order: No @ $
Target Price: $
This was an intraday trade. I watch Citi a lot thruout the day. Tend to get a feel for the small swings. It had risen substantially so it was due for a 1 hour fall. I do not do much day trading but I watch Citi all of the time. I will put in a trade for 1000 shares and set a stop .10 cents away. Only risking $100 but if it swings dramatically the other way, it can be a nice quick profit.
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Posted by Casey on 02/07/08 at 05:14 PM

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bigdog

Member since: Dec 05
Trades Not Shared
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Blog Posts 633
Founder & CEO, TradeKing
Age: 40's
Boca Raton, FL UNITED STATES
bigdog
Posted February 08, 2008 (07:53AM)

So, for those following along - Casey made .26 x 1000 shares = $260.00 in under 17 minutes with this short and cover play.

- Don Montanaro

TradeKing CEO 

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