C

[payup]

what happens to it from here? can it go lower or does it have nowhere to go from here but up?

speak on this!

 

[MrDODGE]

Massive dilution or bankruptcy

Either way it is going much lower

 

[payup]

Quote from MrDODGE:

Massive dilution or bankruptcy

Either way it is going much lower

There is no way that Citi will be allowed to fail, its the biggest bank in the world, what does everyone else think

 

[good one]

Quote from payup:

There is no way that Citi will be allowed to fail, its the biggest bank in the world, what does everyone else think

you sound like your trying to convince yourself to buy.
Its being nationalized and the common will be dilluted out of existence in the process.

 

[TGregg]

Quote from jdeezero05:

you sound like your trying to convince yourself to buy.
Its being nationalized and the common will be dilluted out of existence in the process.

Don't tell him that! We need bagho. . . errrr. . . optimists! Sure, it looks like a falling knife, but it's just about to turn around. Load the boat! All in if you want big gains. Geez, where's that raging bull stock3 or whatever his handle is when you need him?

 

[themarketinme]

The more clarity we get on C, and the banks in general, the better.

The financial sector is obviously just a trading platform right now, but to short it blindly would be plain stupid.

A few tidbits of bank clarity, albeit not enough:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aFa8TdeuYc6w&refer=home
http://www.federalreserve.gov/newsevents/press/bcreg/20090223a.htm
http://online.wsj.com/article/SB123535148618845005.html