Citigroup Buy Announcement

Delta have called a Buy on Citigroup shares after noting a MACD and Triple Moving Average Crossover.

The team suggests Citigroup Inc shares are bought at 410, with a stop loss being set at 375 and an initial target of 477 being set.

 

Content provided by: http://www.dofonline.co.uk/content/view/4902/152/

Green Mountain (GMCR)

I closed yesterday's GMCR options out for 12% return and open up the Jan 31.63 late this morning and closed just at the close of the market today.

C finally got the news from the Govt and popped .17 taking the Jany 11 4 Calls up by .10 today!  This is what I have been waiting for.  Now it is hard not to take profits early so I am still waiting with a .60 sell limit...

GMCR news update was that the audit by Pricewaterhouse was released after the company closed out the books for earnings, so what is the problem?  Either PWH has an audit issue or there may be no issue at all.  If you still like the business model this might be an excellent covered call set-up!  Buy at todays prices and sell the out-months just out of the money calls....

Happy trading...