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"Citi closed on Wednesday at $9.64 a share -- a level which prices in a very high probability that the stock will go all the way to zero."
Nov 13 12:33 pm
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All Comments by pelican »Citi's Desperate Straits [View article]
Why? Are you saying that any stock that trades under $10/share has a "very high probability of going to zero"? Or is there another reason that the current price level is such a good indication that zero is in the offing? Please enlighten.