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Citigroup Inc. Message Board

  • jasonbazar jasonbazar May 11, 2011 1:31 PM Flag

    Book Value- 58.46, Total Cash 783.24B


    This is PPS insanity. It will be resolved once the criminals are done.

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    • I think the market is entering an irrational phase (or rational depending on your point of view).

      Everybody and their brother is bashing the financials these days - given the probable (basically confirmed already) double dip in housing, unresolved deficit issues, lack of clarity on financial reg's, and the euro crisis just to name a few I think institutions will be getting more defensive going into summer.

      Don't get me wrong, I like C long term and am fairly certain C pps will significantly exceed book value in 2012 and beyond but there is a good possibility we hit the 30's before the dust settles.

      Just my two cents

45.80-1.07(-2.28%)Sep 29 4:00 PMEDT