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To: All
Here's another one folks:

Citigroup stock plunges near 16-year lows

Citi shares tumble as investors await grim fourth-quarter results and business sale plans

Hmmm.... do I sense an avalanche beginning?
26 posted on 01/15/2009 3:48:41 PM PST by gpk9
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To: gpk9


Hmmm.... do I sense an avalanche beginning? “

No the avalanche began in March, accelerated in Sept ... we now sifting through the rubble at this point.

C is a basket-case, but honestly might be a great buy at this point. You have a healthy bank that will come out of realignment of Citibank, and the toxic assets and other stuff in a ‘bad bank’ that will have to survive somehow.


100 posted on 01/16/2009 3:44:43 PM PST by WOSG (Oppose Big Govt spending - no bailouts, no boondoggles, no earmarks)
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