Citi at what price?

[Pilotboy]

How low do you think Citi is going?

At what price do you think it starts to become cheap to a Fundamental Value Investor? Why?

 

[makloda]

Jim Rogers said its a buy at $5

 

[nazzdack]

The 2002 low at ~$22 will attract a lot of media-buzz. The 1998 low near $13 will be painful.

 

[FanOfFridays]

Quote from Pilotboy:

How low do you think Citi is going?

At what price do you think it starts to become cheap to a Fundamental Value Investor? Why?

I saw you posting in a couple of other C threads and I am certain that you're long from a higher price after thinking that a bottom was in. Is that the case? I'm not flaming you, I just want you to know that it becomes obvious after a while what your position is so you might as well just come out and say it.

Am I right? (Please remember there's an archive here).

 

[trade_yse]

why keep asking how low C is going Pilot boy. The answer is nobody knows. If you feel strongly about city just buy it or short it with the necesary stops to protect your investment. I have no idea why i responded to this thread.

 

[turkeyneck]

The lowest it will go is $0.

 

[Pilotboy]

Quote from traderNik:

I saw you posting in a couple of other C threads and I am certain that you're long from a higher price after thinking that a bottom was in. Is that the case? I'm not flaming you, I just want you to know that it becomes obvious after a while what your position is so you might as well just come out and say it.

Am I right? (Please remember there's an archive here).

No, never asked about Citi before. And no I don't own it or any other financial, I covered my financial shorts waaaaaaaaaaaaaaayyyyyyyyyyy too early. I just keep hearing people say that Citi could NEVER go into the teens. Usually when I here that about a stock, it will get to the teens.

I was really just curious where it gets attractive to value players, thats all. People sure are negative on this board, I think many just enjoy arguing.

 

[bgp]

i was looking for a short term cycle lo today , maybe for a week or 2. i might be wrong and be covering my long soon.

bgp

 

[1flyfisher]

C can easily see $18-19. EASILY.
It broke $25. It has traded as low as $23.92, and it is trading comfortably below $25 at $24.28 at the moment.

 

[Thermactor]

woof, woof. Watch this stock continue to get a good old fashioned New York beatdown.