Citigroup's Ills May Signal Market Isn't Near Bottom

[Retired]

http://www.cnbc.com/id/27841502/

If its share price remains below $5, as it has since Thursday, that could trigger a major selloff by pension funds, mutual funds and other institutional investors that aren't allowed to own stocks below that level.

 

[gdtrader]

This sell offf will actually be the bottom brining on deflation and bringing things down to fair valuations...

 

[blackjack007]

Quote from Retired:

http://www.cnbc.com/id/27841502/

If its share price remains below $5, as it has since Thursday, that could trigger a major selloff by pension funds, mutual funds and other institutional investors that aren't allowed to own stocks below that level.

they'll just reverse split.

i expect a lot of companies are gonna have to reverse to prevent delisting on the exchanges too.