Citi (C) is closing some of their branches. They say they are closing branches with a token presence in their respective areas: Six branches in Florida, mostly in Tampa; three in New Jersey; and one each in California and Maryland. They are selling their small network of branches in Amarillo, Texas. To all the Citi employees who read our site, I’m sorry to hear this news and hope you all are safe in your jobs. I know Citi is hurting and needs to do more cutting, but it still stinks.
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{ 3 comments }
Always sad to hear that people may lose their jobs. I wish them the best.
Like I mentioned last week, COIN is desperately trying to go hyperbolic. Since I got in this position at $12, I will move my stop up to $14.50. The volume on this break-out is impressive. Keep your stops tight on this one.
Also…UNG is going crazy here. Moving my stop up to $45.90. It shot right through the resistance shown on Chuck’s earlier chart. I may take some off the table soon.
I also added one new stock to my holdings – PAL — I put in a very tight stop at $7.90
I added a little to my QID position on the pullback.
You’re a good high risk player, Dave. DTed UNG, I don’t trust it. COIN I wouldn’t touch, I’d probably be on the other side of your trade and I think you are faster than I am
Hey Lisa –
Yep…I always have my finger on the trigger.
I wouldn’t chase COIN if I didn’t own it, and I am not adding, but I have the luxury of being much in the money here, so no worries. I am also a strong holder in UNG (you know I have been buying and adding for weeks), I can afford to handle a pull-back. My basis in the stock is pretty low. Even if I get stopped out my profits will be nice.
PAL was a bit of a flyer for me because I am bored and sitting on a larger than normal cash position. I have a really tight stop.
Thanks for your thoughts….