Seeking Alpha

Crocodilian » Comments » Single Comment |

  • Shock and Awe: Government Raises Citi Warrants' Strike Price to $20 [View article]
    "Disclosures: Author is long AIG, BAC, C, FNM and FRE."

    Um. Gosh. No RBS?

    At this point whether the common of any of these issues ever has any value is really a question of whether or not the government wants the common to have any value-- these common issues are "Tsarist Bonds" -- they look to the political winds, not financial strength, for whatever value they will have.

    I don't know what an investor can do in these stocks . . . its a political speculation, and at some price its an attractive gamble, but its not for an investor.
    Jan 26 22:03 pm |Rating: +1 0
All Comments by Crocodilian »
Comments by Ticker
Crocodilian's
Comments Stats
361 comments
Rating: 522 (1038 - 516 )