$4.06
-0.02 (-0.43%)
Citigroup, Inc. (C)
CAPS Rating:
A diversified global financial services holding company whose businesses provide a range of financial services to consumer and corporate customers.

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1st Qtr of Citi bank is at 32.5 B, which is batter then 08-1st Qtr at 28.6 B, the company is moving in the right direction with most numbers of employees taking care of business and one of the worlds largest bank, with $2T AST. This bank has outperformed others in the past it will again. In about Year it will sell for $30 per share. Do the math you will see, it is best time to buy C stocks. Do it now, before it is too late. JAMKING
Citi makes me nervous, with Pandit still there and now the FDIC wanting to shake up the management - I can't see Citi being any better than GMAC at this point.
My theory is and have not fully researched, but the major banks mostly lost money on those bad mortgage loans not on there other products. I'm gearing up for another big rally which will be lead by the financial stocks. I agree in a year 2 the most , most stocks will be back to pre Obama stautus.
I love that, "pre-obama" status. People love, absolutely looove to dump all of this crap right onto his lap. Now let's get this straight, I'm not saying he's the best president we've ever had, nor can I predict what effect the things he's done so far are gonna have. Either way, saying the stock will go back to pre-obama status would basically mean the stock is going to dump again? Because if I remember correctly, the entire stock market crashed horribly in November, right before he was even elected.
Thanks for the input Hoss. Stick to the stocks.
Think financials are on the rise. Looking at 35% with a $5.00 stop on C. looking strongly at AIB also. What are your feelings?