Citi downgrade was a joke
They just downgraded EXC today, why downgrade a stock trading at 52 weeks LOW? EXC reported the earings about a month ago, they should have enought time to analysis the company, The company EXC should be downgraded after the earning.
They are playing a game. The stock have been on down hill spiral for the last 10 trading days, People just short the stocks before the downgrade, and cover them after the downgrade.