Fat Arby

7 Suggestions for Citi Management

what you have to understand is that these guys are there simply to line their pockets. they don't give a damn if the company goes bankrupt (think Mozillo) just as long as they have their millions/billions in switzerland and their humungous bonuses.
Vikram is doing everything by the book - for his own and other execs' interests. Please get this in your mind. Wall St has ALWAYS operated like this and it just doesn't quit until people die, go to prison, or the market crashes.

Citi's Vikram Pandit Forced to Bail Out His Own Unit

thanks

Will Citigroup Go to the Teens?

I meant, 'naked'.

Will Citigroup Go to the Teens?

You can't just simply guess what might happen to Citi based on the numbers. I remember when it merged with The Travelers; I was in stocks then and made a walloping amount in a day or two.

There's people who predicted the mortgage lenders downturn; there's folks who knew about AMBAC/MBIA . There's experts that will give you their advisories, albeit at a ridiculous price sometimes.

Sure, if you want to profit from this stuff, you really have to know what you're doing. Else, be well capitalized when your options turn to mush. ON the flip side, Citi IS a global company and they DO have a lot of funds interested in this stuff. It would be key to do the numbers, such as shares outstanding, market cap, preferred stock, and new issues coming out.
So, again, I wouldn't give a rat's a** if this co did go down the tubes. They once had the best customer service but at some point they treated me like I was a walking sack of so I want nothing to do with 'em.
But you all should keep in mind that they have a very diversified portfolio. However, if the economies in Asia do start to implode and writeoffs begin in HK and Shanghai too then perhaps they could start to lose market share. At this point with most Asian economies strong, I can't see them dipping below 20.
But , who knows...let's see, you could establish a vertical straddle strategy for $45 22.5/20 vertical put and $102.00 25/27.50 vertical call per contract, or 100 shares leveraged.
Go for it, but keep in mind that options lose value as time passes so if the stock goes sideways for a month you might lose at least 50% of the value if not more. In fact, a vertical is really time sensitive, so for a little extra you could go long.
best