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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (5301)4/13/2009 5:41:37 PM
From: RockyBalboa  Respond to of 6370
 
Citigroup... is there dilution or not? Was that conversion talk a ruse??

>>>>>
Citigroup shares can “easily rebound” to $5 or $10 before drifting down again and possibly being wiped out, FABER said. The stock has fallen 85 percent over the last 12 months and has lost 50 percent of its value so far this year.
>>>>>

given the inherent dilution (as planned and outlined in their recent 10-K)... this would equal 60 for the citi stock. Neverrr...