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Citigroup Inc. Message Board

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  • nooobiebooobie nooobiebooobie Oct 18, 2009 6:25 PM Flag

    WHAT A MESS !! BAD NEWS FOR CITIGOUP AND SHARHOLDERS!!

    Just more negative BS from a short fund trying o make a buck on Monday.

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    • I must be an idiot, the Mexacian Gov doesn't want to own this. They do however want it to be traded on the Mex stock market as Banceo De Mexico. C is not traded in their market, they just want in the local game.

      • 1 Reply to monypiggie1b
      • we must see if it's good or bad news for shareholders.
        i see it's MEGA bad news..
        well we are talking about 15% from a global profits for Citigroup they will lose
        we have 2 ways to it could end:
        ----------------
        1:Gov. will sell the 34% becasue of the mexican rules -this is bad for shareholders becasue:
        A.many people believe C will buy in the future "buy back" the gov stake. of course before they do that they has to pay the tarp as a first step. if the GOV will sell the duilution is in.
        B. the GOV could sell it in the open market as a progrem for 3 months.
        something like this, this will tank 20-25% .
        GOV could sell the stakes to 2-03 furms , but they will sell it in the open market.
        ------------
        2.Gove will not sell the stake and citigroup will lose 15% from global future profits.
        this is mega news and bad bad bad news no?

 
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