Citi reports on the 15th of October

Discussion in 'Stocks' started by konviction, Oct 1, 2010.

  1. Any buyers? Earnings are expected to be positive. I hold about 500 shrs.
  2. Big news would be news of a private placement for the remaining USG shares to soak up the final slug.
  3. HAHAHA! I am so glad you posted this we think alike I brought shares last week! Can't wait till it hit $5.50 as expected!
  4. as expected ? who expects it ? Only u i think, lol. This stock is way overpriced and its currently price already factors in revenues of 25% growth for each of the next 15 years.

    I dont think $5.50 is expected. I think this stock is more likely to see $3 than $5.50. But who knows.
  5. I have 200 contracts of 2012 $7.5 call as a lottery ticket, other than that no.

    There should be some relief once the feds get rid of their shares by year end, and citi has a large international exposure compared to many of the other us banks.
  6. Within 12 months for a fact it will be at 5 or 6.
  7. Good luck ! you must have deep pockets to risk $3,000 on a lottery ticket !
  8. It is not a lottery ticket C is a bull in disguise.
    #10     Oct 4, 2010