C target price by year end?

Quote from ksmetana:

I think we see 7 by year's end, maybe early 2011.

We won't hit 10 until the government is done unloading its shares.

Citi will be a good trade here and there, but it will underperform other opportunities because of the government's position.
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did you even bother to read the previous poster's comments?! This thing has a float that could sink a ship. It's trash. 10x better stocks out there. And looking at what it was previously at and thinking it could go there is rookie stuff.
 
Any thoughts on this?

Dec. 6, 2010, 10:57 p.m. EST

Treasury prices Citigroup offer at $4.35 a share


SYDNEY (MarketWatch) -- The U.S. Department of the Treasury said late Monday that it has priced an underwritten public offering of around 2.4 billion Citigroup Inc. common stock at $4.35 per share. The offering disposed of Treasury's remaining shares of Citigroup common stock, it said. The proceeds to Treasury from the offering are expected to be $10.5 billion and the total amount of troubled asset relief program funds returned to taxpayers now exceeds approximately $261 billion, it added.

http://www.marketwatch.com/story/treasury-prices-citigroup-offer-at-435-a-share-2010-12-06
 
I worked for Citibank for many years up to the mortgage crisis, which
effected Citibank the most. I still believe that they are the best bank to do business with and I have worked for 3 others after Citi. They have enormous exposure being in almost every country in the world.
I bought citis shares when it was $52 now that its $4.40 you have to buy, buy,buy because it will go up, its almost guaranteed. Citibank's
Jan $5 call for 2013 is a must because I think by then it will be trading at $11
 
Quote from Bearingthebull:

I worked for Citibank for many years up to the mortgage crisis, which
effected Citibank the most. I still believe that they are the best bank to do business with and I have worked for 3 others after Citi. They have enormous exposure being in almost every country in the world.
I bought citis shares when it was $52 now that its $4.40 you have to buy, buy,buy because it will go up, its almost guaranteed. Citibank's
Jan $5 call for 2013 is a must because I think by then it will be trading at $11
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Thank you this is what i've been telling everyone!
 
Citi's Chart with ABC Bullish Pattern with Targets...
Target1: $4.74, Target2: $5.49

Regards,
Suri

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I have a nice size position, and all I can say is, I'll be damn proud when this hits pre-recession levels.

I feel sorry for anyone whos not in C. When we crack 5, I have a feeling things will get interesting.
 
Quote from konviction:

I have a nice size position, and all I can say is, I'll be damn proud when this hits pre-recession levels.

I feel sorry for anyone whos not in C. When we crack 5, I have a feeling things will get interesting.
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do you understand that at prerecession level market capitalization will be 2.5 trillion?
 
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