Citicorp: how much drop left?

H

hii a_ooiioo_a

Citicorp fell on e-mail scandal. The guy who wrote them (two years ago, and no longer with the company) has admitted he made fabricated claims in them.

Today's low was $34.30

Will it likely continue lower tomorrow, next week? Or is this a good time to buy?
 
Quote from hii a_ooiioo_a:

Citicorp fell on e-mail scandal. The guy who wrote them (two years ago, and no longer with the company) has claimed they were fabrications.

Today's low was $34.30

Will it likely continue lower tomorrow, next week? Or is this a good time to buy?
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What an excellent question! Timely as well. I look forward to the answer.
 
If you bought at the close you can't lose any more than $35/share. I can almost say with 100% certainty that it will not fall below 0, come hell or high water.
 
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