dmilkman207

Financial Times Debunks Citi's Memo

Citi made a lot of money in the past. maybe some of that through the credit bubble and unsustainable. But they have a huge worldwide franchise I would not write them off as yet. I bought the stock several years ago at 27 on the way up to 50 I thought I was so smart. Sold them around 40.Now to see them at 1 is quite remarkable, are those assets that bad? Nobody gives them a chance, the stock is probaly a screaming buy here. Two years from now its probaly back in double digits. If they can ditch the goverment.