Fri, Mar 6, 2015, 8:07 AM EST - U.S. Markets open in 1 hr 23 mins


% | $
Quotes you view appear here for quick access.

Citigroup Inc. Message Board

  • c11ray c11ray Feb 15, 2013 8:45 AM Flag

    Time to load up

    I was wrong, I thought I had read were they had planned to do an 8 billion dollar buy back but it is an 8 billion share buyback this year which comes off their 55 billion DTA. This means it really is not costing CITI a dime. This will cause Citi to sky rocket this year and do a 2:1 split and still be $100 stock. They can't hide it for much longer and they can't put it off to 2014 due to accounting rules. The only other choice they have is to buy a company which will not happen due to they still have Citi Holding group which they are selling off by late 2014 which causes a higher DTA in Citi Group again. This gives Citi Group the same two choices again. #1: buy a company or #2: some combination of buy back stock or raise dividends or both#1 and #2 in 2014 and 2015 which will cause Citi to go up again to exceed past their high of $ 291 per share after their 2:1 split. This will probably cause another 2:1 split and be around $175 to $200 by the end of 2015. We could see 2:1 splits for three year straight. It has already started.

    Good Luck everyone

53.56-0.23(-0.43%)Mar 5 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Geron Corporation
NASDAQThu, Mar 5, 2015 4:00 PM EST
Foot Locker, Inc.
NYSEThu, Mar 5, 2015 4:05 PM EST