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Author Topic: CIT... great short.. possible long
Newbie13
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I've been watching this for a while.. was thinking this may happen. Got in today at .51 an .58! Made a bundle, but holding for a bit. I wanna see if the get financing over the weekend. If the avoid BK they are going to have a big bounce monday! Keeping my fingers crossed

Cheers

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T e x
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lol, you ain't made it till you pull the trigger on the sell button. Still, good, solid play.

Me? I wouldn't hold overnight, much less the weekend. One rumor could tank it for Monday open...

But good moxie here. If I were trading right now, I'd have hit this biggly.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Newbie13
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LoL.. I know Tex.. no guts no glory. After my DD I really think she's gonna pull through.

Cheers!

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Newbie13
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The deal is sealed!!! Buying more premarket! Getting a 3rd position. See alot of talk of market open prices all over the place from $2-$10... I'd be happy with $1. That would give me 106% with my positions right now. Ching ching!
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Newbie13
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Kissing my lucky stars! Could have been a huge loss, but it's already up huge on the news this AM!
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TimW
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Nice play. I thought about it when i saw it tanked at .40.. but my money is in longs now, no speculative cash available otherwise i would've done the same.

Reap your rewards for the risk!

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Newbie13
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Well today was a little disappointing... sold half *1.31 to keep my original +some profit.
Now holding another 2500 with a stop *70(pure profit) hoping this was just a shakedown! We already knew about the news that came out.. wtf!

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Newbie13
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I'm out.. Made a good 48%.. watch for when they claim BK
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T e x
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good hit...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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oldseven
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Up over 23% premarket on 4 million volume

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Only ONE good stock away from retirement!

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Newbie13
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Tendered the deal with bondholders today! Up 18% after the halt at noon. Looking good for tomorrow with all the shorts trying to cover I hope! Could be a great week!!

Cheers!

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jasbao
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got in at 1.01 on Wednesday
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Newbie13
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Took my 76% and I'm out AH.. Just wanna wish you all great luck. Might hop back in if there's a pull back!
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T e x
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noice!

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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jasbao
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I had to wait until today to get out because I bought with unsettled trade funds. I'll see where it goes, right now I'm thinking out at 1.90-1.95
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jasbao
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didn't get what I wanted but I'm not gonna complain about a profit. Out at 1.72
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Sam229
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Great trade Newbie..Time to change your name...
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