On CNBC said he would not throw the towel in on either GS or C of course bad news out sells good but thier are still those that believe that if book value is 5.60 then it is worth at least that.
wonder what book value will be after 1st qtr? i guess if c earns .10 book value rises to $5.71. At some point the disparity between book value and price becomes compelling. Just not yet.
Why does anyone believe book value is that high?Really, why? Have you not considered the books on which that value is created may not be accurate?