Citi, what seem to be the problem here

[Aaron Copland]

Strange

 

[luckylee]

Merrill Lynch has cut Citigroup target price to $20 when now it's over $20 already?

Hmm... this is strange.

 

[DennisR]

goldman cut financials today too. a lot got lost in the rally

 

[jackstone54]

I used today to buy puts on C. There is no doubt in my mind that there is lots of downside still left.

 

[Alex_in_Oz]

Citi puts would be well overpriced now. Should have done it 6 months ago.

OTM long dated Call options on Citi are the way to go now IMHO.

 

[man]

... we are seeing the bottom already. maybe another 15%
but that will be it.