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Citigroup Inc. Message Board

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  • us_army_airborne_sean us_army_airborne_sean Aug 2, 2009 2:21 PM Flag

    WSJ On C

    I agree with everything you just said, but I disagree with the time frame. Yes, it will definately take time. But the market is very speculative (to state the obvious).

    By the time the writing is on the wall you're already too late. For example; your assertion that profits based soley on revenue "would be nice" is an huge understatement. When Citigroup climbs out of the hole and starts earning legitimate profits, IMO we're looking at double digit stock prices.

    The *signs* that improvements are coming are what will incrementally drive up the stock price. And the more convincing the sign, the larger the incriment.

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    • Yes, absolutely. Stock price is always well ahead of everything else, probably half year or one year ahead.

      Unfortunately, not many investors will go ahead and take risks

      They are waiting order from the news media or inspried from bar discussion later in the game

 
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