22 billion market cap at 4.17 a share vs it's competitors like BAC and WFC running at 122 to 149 billion market cap. two top insiders loaded up HUGE! I analyst calling for 8 dollars (which would bring market cap to 44 billion) look what happened to BAC last time analyst upgraded bac to 17. this is almost too easy of a play
the gov't can dilute more shares if C needs more money. the gov't can own like 80% of C if it wants via share dilution. that is the problem with equities cause number of shares outstanding can change. therefore p/e change
I just bought 10 jan2010 calls @ 9 strike I figure I'll only lose 110.00 if I'm wrong. so what the hell
ya cuz they were .11 cents each, x 100 shares per contract so 1000 x .11 = 110 I figure its a good deal, because thats less than 3% risk of my acct, and from all the volume being pumped into citi on a daily basis, isn't it just a matter of time before we get a pop? hell look at AIG