Citigroup, Inc. (C)
A diversified global financial services holding company whose businesses provide a range of financial services to consumer and corporate customers.
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recession is over? are you sure? I don't think so...
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Citi is the new Fannie Mae. It's a fully public-private operation which means it'll be managed for upside with an artificial safety net. Now, the key to its outperformance beyond the window of recovery of the economy as a whole is if the US government will participate in it to make an example of good governance, produce strong dividends, and if it will take the best of examples from places like Brazil, without falling into the oligarchical tendencies that take place in the BRIC capital markets. Outperform yes. Stay mediocre, likely.
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I'm going to follow Paulson's money on this, since he's in at $4.83/share.
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longterm win
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purely speculative
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I'm long on Citigroup. I have strong feelings that it will come around and be profitable.
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NO PLACE TO GO BUT UP
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Has a global reach. A lot of people bank with them. Smarter moves making the company lean and strong.
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Although, I've been bullish on Citigroup in the past, I'm still inclined that a sideways move will be the best case direction for this stock in coming months. When, or if, the government finally gets out.....then I think that'll be the time to jump in with both feet.
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STOCK WILL TRIPLE IN THE NEXT 2 YEARS AS EARNING POWER OVERCOMES WRITEOFFS
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I have little doubt we are in the beginning of a Depression and the government is trying to buy our way out of it which will only compound the problem.
Anger at banks is growing as their employees remain wealthy as middle class America suffers. They are attempting to reinfalte house prices instead of letter Americans win by finding a natural bottom.
98% banks are essentially insolvent.
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Citigroup scares me.
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it's going to be a long ride, but in 5 years this will prove to be an outstanding entry point.
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I'll pay off my student loans someday...
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Surely has to go higher short-term, even if it will go lower in the long run or stay neutral. I never traded it, but i must say, one of the easier stocks to day trade, judging by the chart. However cant get an edge though unless your trading in heavy volume.
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Speculative pick. Citi has more problems then I can count but is “too big to fail” and backed by government money.
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Reset underperform
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government guaranteed money
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Looks like floor is around 3.75 with Govt. selling priced in. If Govt. does not sell it rebounds to $4.65 easily.

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