Citicorp fell on e-mail scandal. The guy who wrote them (two years ago, and no longer with the company) has admitted he made fabricated claims in them. Today's low was $34.30 Will it likely continue lower tomorrow, next week? Or is this a good time to buy?
If you bought at the close you can't lose any more than $35/share. I can almost say with 100% certainty that it will not fall below 0, come hell or high water.