C, Buy or No Buy stock pick

The C earnings are  very confusing, but one thing has me saying not to buy this one:

“C made earnings by releasing funds they had set aside for bad loans”

Uhhh, what?  This is going right back to the non-conservative practice that got them in these mess in the first place.  However, as I say this is not a long term stock pick, it is going to be a great stock to day trade over the next few days.  If you have a JunoTrade account I am running a wide oscillator of -0.35 for Buy to +0.25 for sell.  See Chart of what I mean, you would have caught a nice 0.20 run-up:

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7 Responses to “C, Buy or No Buy stock pick”

  1. charlie rose says on November 23rd, 2010 at 3:08 pm:

    People consider me quite an amazing stock broker.

  2. bobsmith says on November 27th, 2010 at 1:53 pm:

    You better believe it, no buy…

    stock broker

  3. Aida Wethje says on December 9th, 2010 at 12:21 pm:

    Fantastic article! thanks so much! day trading

  4. Buddy Tsutsui says on December 9th, 2010 at 12:21 pm:

    Fantastic information. day trading

  5. Daniele Peral says on December 9th, 2010 at 12:21 pm:

    I’ve been searching for this information for quite some time. day trading

  6. Dong Campen says on December 9th, 2010 at 12:21 pm:

    Amazing piece! thanks so much for this information! day trading

  7. Breana Tacker says on December 9th, 2010 at 12:21 pm:

    Amazing article! thanks so much! day trading


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