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Citigroup Inc. Message Board

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  • gerard08853 gerard08853 Dec 29, 2009 10:41 PM Flag

    Breakout Thursday or Monday...

    wantedmoney <<why would you "bump" this POS?
    The USG owns 34% and will be unloading soon....>>

    The government will be selling their shares. There's no dilution there, as these stocks are already including in pps. Irrelevent. In fact, it may be relevant the other way if Citi continues to buy these shares back themselves (as their investment branch has already done).

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    • What about supply and demand? If there is not enough demand for this stock when they unload there position what will be the direction of the stock????? Rhetorical

      • 1 Reply to wantedmoney38
      • Wantedmoney <<What about supply and demand? If there is not enough demand for this stock when they unload there position what will be the direction of the stock????? Rhetorical.>>

        If there is a seller, there must be a buyer. Its that simple. If USG sells, somebody's buying. Price remains unchanged. Then again, if its citi or Goldman, or Jp Morgan, Vanguard, or any of the other big boys doing the buying, upgrades are likely to incur pushing the stock price up rapidly. Its a win win for Citi.

 
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