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Author Topic: Citigroup stock watch  (Read 1459 times)
tweed
Miamiu1027
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« on: March 19, 2009, 04:12:53 pm »
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I find C interesting because A) they have the naming rights to the new Mets ballpark, and B) because I think they're micocosmic of the whole banking/mortgage/bailout crisis-cycle.

Citi declined 15.58% today after a real good run the past few weeks.
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I wanna contribute to the chaos
I don't wanna watch and then complain,
'cause I am through finding blame
that is the decision that I have made
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AHDuke99
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« Reply #1 on: March 20, 2009, 01:39:14 am »
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It's alright that it pulled back today. There was a lot of profit taking after the stock doubled over the past few weeks. It should keep steadily rising in the next few weeks.
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CARLHAYDEN
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« Reply #2 on: March 20, 2009, 01:51:13 am »
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I find C interesting because A) they have the naming rights to the new Mets ballpark, and B) because I think they're micocosmic of the whole banking/mortgage/bailout crisis-cycle.

Citi declined 15.58% today after a real good run the past few weeks.

One thing Citi has going for it (as an investment) is that no matter how bad their business decisions, the federal governmnent won't let them fail, and will instead just keep bailing them out.

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jmfcst
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« Reply #3 on: March 20, 2009, 11:44:19 am »
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Fellas, be extremely careful with this market.  you're playing with fire.

And Citi is basically worthless
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Winston Disraeli
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« Reply #4 on: March 22, 2009, 04:01:17 pm »
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Yeah, the stock market is volatile, but I think now that it's stabilised in the low 7,000s (Dow Jones), it might be a good time to start investment.
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