Citigroup's Ills May Signal Market Isn't Near Bottom

Discussion in 'Trading' started by Retired, Nov 23, 2008.

  1. Retired


    If its share price remains below $5, as it has since Thursday, that could trigger a major selloff by pension funds, mutual funds and other institutional investors that aren't allowed to own stocks below that level.
  2. This sell offf will actually be the bottom brining on deflation and bringing things down to fair valuations...
  3. they'll just reverse split.

    i expect a lot of companies are gonna have to reverse to prevent delisting on the exchanges too.