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Citigroup Inc. Message Board

  • austinag3 austinag3 May 10, 2011 9:49 AM Flag

    JKS, A Better Buy Than Citigroup

    JKS, a clean-energy stock based in China, is making significant money. This year, it expects to make over $7.00 per share in earnings and revenues are growing in the double-digits.

    Banks such as Citigroup make markets for these Chinese stocks and therefore price them at bankruptcy prices because the investment banks are crooks.

    I would rather buy a company making $7.00 per share and trading at a PE of 4 than a bank that is staffed by crooked market makers.

    This company just declared a 10-for-1 reverse split, loses over $20.00 per share (more like $200 / share after the split), and cheats the American public. And it trades at $44 / share? Funny.

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