Eddie Lampert backs up the truck on Citigroup

[alientrader]

just a joker who got lucky at the right time but time uncovers all frauds now he will wash out maybe end up in the streets, sell his antiques and art

 

[chud]

I heard a rumor Citi shares will soon be available 2 for 1 in the bargain bin at all Sears Essential stores.

 

[TheDarkness]

Quote from alientrader:

just a joker who got lucky at the right time but time uncovers all frauds now he will wash out maybe end up in the streets, sell his antiques and art

Watch out, you might end up hurting Damnit's feelings. He gets very emotional and defensive of Lampert.

Actually though, I think it's kinda sweet.

 

[a529612]

So many C bears here... contrarian indicator?

 

[PAPA ROACH]

Quote from Renegen:

Well, well, well, he holds retail, financial and auto industry stocks. He should go in housing and he'd have a 4 of a kind.

What will his fund do, that's some heavy losses. Margin calls?

This guy needs to get off the pipe!

what a call dude.

 

[S2007S]

Would get bullish on C under $25.00.


I have seen widely held stocks like C fall like this only to rally back 30-100% over the next 2-3 years.

 

[a529612]

Quote from S2007S:

Would get bullish on C under $25.00.


I have seen widely held stocks like C fall like this only to rally back 30-100% over the next 2-3 years.

At $25, the dividend yield is almost 9%. The thing is will they cut dividend?

 

[aeliodon]

Like I said in another thread you need a 10 year track record to evaluate any trader.