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I downgrade Citi also, based on valuation, cash flow, the legal problems from the housing crisis ,and the robo signing foreclosure scandal.I see no return to profitabilty for at least 10 years
me too..bought @ $3.86 sold @ $4.99 yesterday, hopefully more bad news to come 1/18/11 for another dive, but Pandit will probably sugar coat. Recent insider purchases look like "fluff" to me, peanutsWhat say ye, axeman? Or are you too busy cracking your neighbors nuts?