Citi's Profitable Too, Quelle Surprise [View article]
That's "Quelle surprise" as surprise in French is feminine. Sorry about the grammar lesson, because the rest of your note is right on. I wonder how much of this citi expected to report back at the beginning of March when it said it was profitable for the first two months of the year.
UBS, Credit Suisse: Swiss Bank Shorts Worth 30% [View article]
The choice for Citigroup to adopt Chrysler’s old ticker symbol a decade ago was a harbinger of all the bad stuff to come. Soon to be a penny stock, C works because it is very close to ¢. When you look at the price of a stick of gum and it says 19¢, it will be the same price as selling 19 shares of C, or 19 C. 19¢ = 19C.
Wall Street Breakfast: Must-Know News [View article]
Citi's Profitable Too, Quelle Surprise [View article]
Wall Street Breakfast: Must-Know News [View article]
UBS, Credit Suisse: Swiss Bank Shorts Worth 30% [View article]
Morgan Stanley Smith Barney Datapoint of the Day [View article]
"This is a good name for investors looking for a highrisk/reward situation with high risk, in our opinion."
They don't want to under-emphasize the risk, I guess.