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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (196194)4/13/2009 11:45:23 PM
From: neolibRespond to of 306849
 
The time premium on C Jan 10 2.50 calls would seem to indicate that substantial dilution is likely.



To: RockyBalboa who wrote (196194)4/14/2009 8:54:49 AM
From: Bank Holding CompanyRead Replies (2) | Respond to of 306849
 
> Citi's shares outstanding are expected to rise to about 22 billion from 5.5 billion once the roughly $52 billion of preferred is converted into common shares. <<

22 Billion Shares??? $^%*& #$@%^!! That's a lot of shares!!