siew_wah

Against All Odds, Pandit Seems to Be Leading Citigroup Out of Crisis

Yeah, Pandit guy means nothing much at this point in time; but fast forward to next reporting season where profitability improves dramatically, Vikram Pandit will need no introduction.

Against All Odds, Pandit Seems to Be Leading Citigroup Out of Crisis

Vikram Pandit will long be remembered after he leads Citigroup to sustained profitability in the next few quarters. Hope Citigroup will re-start paying a dividend next quarter.

The Ideal Course of Economic Recovery

Prof Lok Sang Ho's views on the US economy are taken seriously by readers (myself included) because more often than not, they turn out to be true. With optimism, more money would be channeled towards investments in stocks and businesses which would help turn around the world economy.

Citigroup Stock: Top and Bottom Lines

I share your optimism on Citigroup hitting the $4 mark as I've sunk my retirement funds into this giant behemoth prior to the breakout of the sub-prime crisis. Citigroup must not failed, else I'll go broke.

Most Likely Scenario Is Still Recovery

The US economy is not going to recover any time soon, even though statistics are pointing the way because California is going bankrupt with IOUs even banks are afraid to recognize. No wonder airlines are cutting flights to LA and San Francisco due to falling demand and bankruptcy.

Secretary Geithner's Moment in History

I've always got the feeling that Timothy Geithner is the right man in President Obama's Administration to clear the big financial mess left behind by the Bush administration. The results are already showing. Yes, it's Secretary Tim Geithner's moment in history indeed.

Banks Stocks Seem Like Near Term Winners

Citigroup, Bank of America, notwithstanding Well Fargo should move to higher levels as their toxic assets are things of the past. All three banks should attract investor interest to take a long term view now that profits are building up- slow and steady. vested.

The Citigroup Rally

Citigroup is an American icon which should be supported and not go bust. Losses are history and with the revamp, profits should be sustained this quarter and next few. Cheers to those who dare to hold this stock. vested :-)

Financials Holding Up

Glad to hear that positive statement 'Financials Holding Up'.
It's time there should be a sustained rise of financial stocks such as Citigroup, Bank of America, etc. It makes no sense for Citigroup shares to be valued at $2.76 and Bank of America at $7.36 when they are turning to be profitable. The two great American icons should be trading beyond $5 and $10 respectively.

Let the TARP Games Begin

With due respect to comments by "Market Sniper" and "Craig Brown" I beg to differ and still believe Citigroup would turn around and not go bust. Just give this American icon a little more time under the stewardship of the CEO. Just a reminder- even Sovereign Wealth Funds from Singapore and Dubai have a stake in it. Need I say more?

Let the TARP Games Begin

Citigroup has proven itself to turn in profits for the first two months of this year and more profits should be rolling in this quarter. Moreover, the CEO has promised the government and shareholders that he will take only a token salary of $1 until he turn around this great American icon and the result has so far been positive. vested

Dow Shakeup: Who's In and Who's Out?

It would be a great pity to drop Citigroup, an American icon with assets around the globe as one of the Dow component stocks. Since receiving fundings from the government, it has proven that it can be profitable- based on the first two months of 2009 and Citigroup is confident of passing the stress test. It is indeed sad to remove its well established status when it is beginning to show results.

Stocks with the Largest Short Positions

Hope your prediction comes true on the short positions. Having parked a substantial amount of my retirement funds into C, which Singapore's sovereign wealth fund also invested and lost several billions, the short sellers ought to get squeezed because they had profited too much.

Time to Buy Bank Stocks

It has been a long time that i'd waited for a sensible writer like 'Gold DIgger' to remind investors that it's time to buy bank stocks. With all the safeguards in place and reformist CEO such as Vikram Pandit of Citigroup who is willing to forego his bonus and even salary, working hard to return Citigroup to profitability, there is a fair chance that golden era of responsible banking will surface. Be patient and reap the rewards in time to come. Cheers to those who dare- i do

Citigroup: Too Big to Fail or Succeed

Calling all supporters of Citigroup... buy this stock to save America and the rest of the world.