That was the date that Citi did a 1:10 REVERSE SPLIT of its shares, which means that, even with all the analysts predictions and favorable opinions................This remains a company with a current stock value of ONLY $3.50 a share, nothing more. What a disaster this management has been. It just goes to show that the right "spin" will get enough suckers to buy the snake oil sold at this company.
Think about it for a minute or two. This management does its best to get people to drink their KOOL-AID year, after year, with NO REAL PROGRESS that is geared toward shareholder value.
Just like a good politician, they get paid, until they retire (usually to spend more time with their families,???) and just continue to kick the can down the road until they can blame someone else. I just wish there was a good answer to the #$%$ that's fed to the public contnuously. JMO.