Citi's writedown; How bad??

Discussion in 'Trading' started by Bigpipn, Jan 14, 2008.

  1. well if YOU were short the dollar as big as they are, you'd be strutting around here calling everyone a piker. ;)
     
    #21     Jan 15, 2008
  2. buried on the third page of the bloomy story is this: "for the full year, Citigroup had a $3.62 billion profit, down 83% from 2006."

    Given the year it's been; given the run of profit up till now, that's a pretty good showing.

    Just get that balance sheet shored up baby.

    Let the street price in the worst.
     
    #22     Jan 15, 2008
  3. what happened?
     
    #23     Jan 16, 2008
  4. i guess they didnt slash enough? :confused:
     
    #24     Jan 16, 2008
  5. Jeez, look at this just continue to shit the bed. Gonna touch $25 and change soon.
     
    #25     Jan 16, 2008