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Citigroup Inc. Message Board

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  • c1smittycc c1smittycc Dec 21, 2009 6:59 AM Flag

    Citi's Bad bank is still there. Loses are huge. Citi to $2.06 and shares diluted.

    You are correct about the debt load. Don't know about price. Current open is $3.42. That is a big climb for overseas market, suspect other gov. and foreign large banks are involved. If so, they will pick a number and drop the stock with selloff. It really is wealth redistribution. The number of shares traded in the drop from $5.23 down to $3.20 was relatively small for the drop and indicates some type of manipulation. The gaming will continue leaving very little hope for C long term.

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