rockydog

Citi Is a Dog: Go Long at Your Own Risk

I am long C w/ 7250 shares. It's true my investment is hard to look at on paper, and that C gets thrown under the buss in the news nearly every day thus far in 2009, but the largest bank in the world is no GM. C is doing the right thing to fix its problems. Yes, some argue C is slow to act, but at the end of the day problems are fading away quicker then you think, and this bank is positioning itself to leap forward once again as a premier entity being "the most well capitalized bank in the world." It will be hard to deny C is moving in the right direction when the earnings come out end of July.

You have to dare to go where others won't to make F-U. money. C at $3 per share is a steal, and may never happen again in our lifetimes.....