Citigroup laying off 20% of it's workforce

Quote from brokerboy:

why don't you divide the stock price and market cap
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sorry, I am rather green in investment. I just wanted to make sure how these things are done.
 
Quote from SCNinvestor:

is this company on the way to go to bakruptcy? omg...that's really terrible! :confused:
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No it would be great to see a financial parasite like Citibank go under. But it won't happen.

Government intervention and further consolidation are in its future.
 
I still have 5K shares in Citi , which is 45% of my total portfolio. I know I must be in sane to own such big position in Citi. I was trapped again and didn't sell in the last rally. I look at Friday's chart. It is really scary. Can anyone give me some advises on long and short term view? Although I can hold it as long term investment, I will go crazy if I see C under $10 . I am thinking of sell them all on Monday in exchange of BAC or LVS no matter what the market is.
 
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