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To: jiggyboy
No, CIT is not Citibank.

Who cares. It is the perfect time to create a panic in Citibank shares too. :)

78 posted on 11/01/2009 5:00:09 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

“Who cares. It is the perfect time to create a panic in Citibank shares too.”

No reason to create a panic, they have filed bankruptcy papers over the last few days and they are reportedly making that bankruptcy official Monday.

So, C is not an investment worthy stock, it is a pure speculation play for traders going in and getting out.


82 posted on 11/01/2009 5:10:48 PM PST by rbmillerjr (It's us against them...the Establishment RINOs vs rank and file...Sarah Palin or bust)
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