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Citigroup Inc. Message Board

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  • cgptmsi cgptmsi Nov 3, 2009 5:25 PM Flag

    How much C will go down ?

    All good answers.. What about this and the potential impact on downward pressure?

    From September 30 to October 15, the number of short sales in Citigroup (NYSE: C) increased by more than 50% to 178 million, according to Barron's most recent data. Shares in Citi have quadrupled to $4 from $1 since March, but many investors feel Citi's equity is burdened as more loan losses get reported.

 
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