by institutions since it's happening on Citi's improving fundamentals. It would have been otherwise if the fundamentals were getting worse. In other words, Citi's RS is not a desperate move to save the company; purely it's to attarct large and steady institutional investors. My expetation: The share price will not go below the current level; most likely, it will go up gradually now and after the RS.
You must be a short, who has started barking!! Buddy, look at the share price - going up in a terribly down market! Just check your facts and be realistic, otherwise it's going to hurt and no one else!
Reverse Splits of above 2-1 never help in the long run. Get Screwed by Pandit again, No Way. Sold Out my Holding's and Bought Added more AHD, Already Gained More than C Will ever Make you in the Next Ten Years, F. Pandit the Douche Bag.
As the one analyst from Raymond James said C is executing the R/S from a position of strength So I totally agree with you. C is still recovering and I don't expect perfection but I need to see progress and I'm getting that.
Its book value now is higher than the share price therefore institutions are bound to see that and its improving buiness, drastically reducing liabilities and solid overseas presence in the BRICS countries as an excellent ground for them to get in now> No wonder the Saudi prince who has billions to invest saw Citi as a good investment. The shorts on this board are just small insignificant cookies who don't make even a visible dent on the price of Citi shares that trade in hundreds of milllions a day! Let them bark, just like a barking dog that never bites!