CIT dump shares or hold on?

[irniger]

Shares dropped more than 50%. Should one hold on or sell now? Is CIT too big to fail and eventually the shareholders can expect a higher price than now? And if so, when?

Thanks for your comments. Felix

 

[Ivanovich]

If AIG/Fannie/Freddie, etc are any indication, this stock will see $50 by next year!

 

[noob_trad3r]

call your broker and exercise your put options.

 

[spindr0]

Ask your broker to send you stock certificates in one share increments. It will make lovely wallpaper in the bathroom

 

[mastertrader12]

I second, noob_trad3r.

 

[maximillion]

a lot of questions left unanswered yet.

 

[sprstpd]

Jim Cramer has been saying to buy since $2/share. I trust Jim Cramer so I'm holding!!!

http://wallstcheatsheet.com/breaking-news/cramer-buy-recommendation-cit-goes-bankrupt/?p=3228/

 

[maximillion]

Do not trust media.

 

[narballs]

LOL!