The best thing about the Financial industry is it is very easy to predict. Certain stocks establish prices where they sit at EVERY SINGLE TIME before they take off. For example, Citigroup's price is at $4 and Bank of America is $11-12. Now, when you look at BAC today you will see it is up 4% to $12. Every time BAC is around $11-$12 you should BUY okay? Now, Citigroup is the same way. I have followed this stock for around 3 years religiously meaning I know when this stock is moving up or down. However, the problem with Citigroup is they are having problems establish growth and that is why investors jump ship around $5 every time because Citigroup is just a pump and dump stock, until they can prove to me as well as any other investor that they are a good long-term play.
A high-up Chicago businessman tried to tell a friend of mine that Citigroup would go to $7 last year. I told him this was impossible and to sell at $5 and take your 30% return. Nevertheless, he didn't listen and that brings me to my next point the two rules of Go Green Investing.
Go Green Rules
1) Never let a winner become a loser
2) Don't 'chase' stocks
-that's all folks
Welcome to the Go Green Investments stock blog! My name is Chris O'Rorke and I will update you on the stocks that GO GREEN follows as well as hot stock buys and all investing advice. We're pretty good, so tune in!!!
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