Thursday, September 3, 2009

C - Citigroup

I took a chance on Citigroup when they were around $2.50 and have been pleasantly surprised by their rebound.  With a 52 week low of $0.97 and a 52 week high of $23.50 I see a huge upside to this stock, especially for the long term.  It was trading close to $5.00 giving me an almost %100 return so far.  I plan on holding on to this stock until it gets back over $5.00 and selling a little every time it doubles, until it reaches around $20.00 or I hear other news that indicate that the stock is nearing it's peak.