29 BILLION shares on 20 billion earnings with p/e of 15 equates to $10.34 stock......
buyback 20 billion shares at 4 is cash outlay of 80 billion..
3.2 billion shares c bought at 3.15 sold at $50 and net out buyback outlay equates to 70 billion gain on sale of equity which increases tier 1 capital and c then utilizes 38 billion tax credit........
this is how we go back to $50 and no reverse split needed....
and this is how c makes 70 billion capital gain by simply buying back stock to pre tarp level.....Pandit has already stated that 20 billion in earnings is just around the corner........we go way up big and fast on buyback......yessssssssssssssssssssssssssssssssss
Thank you!
Tears are now rolling down my face after you "put the hammer down" on Cbeyondtoo.
Great job.
Quote from adamssammy72 ....
cbeyondtoo--Your post doesn't make a lot of sense to me, but I think we can agree
that when an employee is given options to buy shares, the price is low. Lets keep this very simple.
1.) The company is unlikely to say to the employee, "The directors haven't voted on it yet,
but in 12 months from now we are going to use $10 billion of our cash reserves for a share
repurchase so the strike price on your options are 500% greater than the current trading value."
2.) You say the, "...buyback catapults price in advance of 'exercising options' based on
the common share value..." It is very unlikely a company will say to the employee,
"If the company engages in a share repurchase in the future then your strike price will
increase." Why stop there? Why not say to the employee, "If we screw up and sell crappy
products which cause the share price to fall, well... your strike price goes up."
I don't think you understand what the meaning of "strike price" is... look it up.
The strike price is fixed, regardless of market price. Maybe you know this and you're
just being obnoxious because you have nothing else in your life. Either way, I don't mind
explaining this for someone else. Maybe someone else is learning something.
You should also know that new capital rules for banks will require greater cash reserves.
So, regardless of what you think a strike price is... Citigroup is very unlikely to use
its great quantities of cash on a share repurchase at this time:
European banks warn against new capital rules
http://www.businessweek.com/ap/financial...
Regulators Push for Global Rule on Bank Capital
http://dealbook.blogs.nytimes.com/2010/0...
Why you think a share repurchase is going to occur when banks are facing greater
capital requirements, and while a reverse-split was already approved, I do not know. Maybe you're just a teenager.
Quote from another very astute board member...
"I have never seen a more impossibly uneducated,
spiteful, bitter, broke bagholder in my life!
Nothing can stop uneducated pumpers from pumping!!
I haven't blocked him only so I can laugh at this moron!
The sad thing is he has a few followers, imagine the IQ of
these parasites - sub 10?? If they could basket their IQ's
together to mimic a mutual fund, I would short the living hell out of it"
Updated**Warning***CBeyondToo Alert!!!**Warning***
"When it is too good to be true" DO NOT Listen to CbeyondToo!
CBeyondToo's Posting Facts: <----<<<<<<<<< Please Read
For those that really don't understand why CBeyondToo
is always pumping the following Post tells all ...
15 Feb 10 03:25 PM
dude i got 150k shares avg. 2.90.....and go another 100k shares i flip on margin.....got stop in at 2.95 on margin shares and happy to make 10k per week in my sleep flippin margin stock......sooooo easy.....license to print money.......really ain't "day tradin" more like core buildin wealth with "weekly tradin" so as to never work 9-5, never commute to work,.....anyone want my job?????
Summary:
1. Professional day traders don't margin a 3 dollar stock.
2. He brags about his phony stock positions. As if he needs to
impress the board members that he is a big shot trader.
His previous posts always indicate different stock positions.
This is a mark of a pathological liar.
3. He brings up the idea that he never works or commutes to work and
then throws up the remark ... anyone want my job?
Like follow me, I am smart and be rich.
Folks, never listen to a M O R O N and/or pretender.
#2. He is, by far, the most prolific poster on this board.
At least 1000 annoying posts or meaningless bumps are created by
the little boy CBeyondToo sphinx per week!
#3. He is very entertaining. In fact, one day, you might see him
on the comedy channel on TV! Just remember, he is good for a laugh but
do not take his investment advice or BS seriously or it will be detrimental to your economic well being or your wallet. Please do your DD before doing any investments!
BTW ... If you need a laugh, please move your cursor on the golden boy CBeyondToo sphinx. He is a "work of art" or his Prozac medication is wearing off.
#4. He has been nominated and received the distinction of being the
biggest I D I O T and M O R O N on the forum. He is very proud of
this award!
#5. He uses his religion as a “crutch” and mixes his religion with his
investment BS on this forum. He even goes as far as thinking a
"higher being" is helping him with "superior knowledge" in
investments. He has to be the biggest "holy roller" on this board …
bar none.
Yesssssssssssss
Since the Nostradamus Cbeyondtoo knows everything ...
I predict $100,000 a share for CITI.
WOW The Nostradamus M O R O N
must have the inside track on CITI. Did someone say margin call?
Buyback won't take place until the USG is gone.
CBeyondtoo time to pay your
margin broker.
my dog say's sell...
I like your way of thinking, Citi is that company that your in at $3.50 and then get tired of waiting and the next time you look its at $11 - then $17 - you get the picture, Citi has great profit potential, it will grow along with the world economy, people just have to be patient!
Amen. I got out of RDN at $5.00 and it spike to high teens. I also got out of GNW way to early (at around $6). Soon after it spike to $18. While I made money on both, I got out waaaaaay too early. Hoping C will spike to the teens in next 12 months. This time I'll try to be more patient.
Why stop at $50 per share?
What about $1000 per share?
Yeah maybe in 1998 !
AKA QCOM is a 1000 + stick what a joke that was ...
Brilliant!