Cramer's Lightning Round-Youth Apparel Stock Are Worn Out (5/5/09) [View article]
ifuwish2,
Unless they go bankrupt. They can go into Chapter 11, come out the other side with a new symbol (CITI?). The banks will still be there and will be open for business, but your shares of C will still be worth zero. Ask former holders of UAL. United Airlines is still flying and making money but shares of UAL are worth nothing. It is unfair to call people who think Citigroup may declare bankruptcy stupid and small brained. It's a reasonable possibility.
Cramer's Lightning Round - Getting Out of Line (4/2/09) [View article]
user 345572 said "I hope you are right and assuming and only assuming because I don't have the money to lose and to sell at this low would cost me the dividend. I did enough research to feel it was a bit risky but the dividend was safe. I sometimes wonder if Cramer would just no talk the market might be okay without his imput which is usually wrong."
Shame on you for investing money you cannot afford to lose. You could have at least put in a trailing stop order. It's your own fault if you buy a stock because of a TV show and you lose a lot of money. If I lost a lot of money betting on Kansas to take the NCAA basketball tournament because someone on ESPN said that Kansas was the best, it's not ESPN's fault that I lost money.
Cramer's Lightning Round-Youth Apparel Stock Are Worn Out (5/5/09) [View article]
Unless they go bankrupt. They can go into Chapter 11, come out the other side with a new symbol (CITI?). The banks will still be there and will be open for business, but your shares of C will still be worth zero. Ask former holders of UAL. United Airlines is still flying and making money but shares of UAL are worth nothing. It is unfair to call people who think Citigroup may declare bankruptcy stupid and small brained. It's a reasonable possibility.
Cramer's Lightning Round - Getting Out of Line (4/2/09) [View article]
Shame on you for investing money you cannot afford to lose. You could have at least put in a trailing stop order. It's your own fault if you buy a stock because of a TV show and you lose a lot of money. If I lost a lot of money betting on Kansas to take the NCAA basketball tournament because someone on ESPN said that Kansas was the best, it's not ESPN's fault that I lost money.