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To: KyrosL who wrote (85104)12/17/2009 11:06:11 AM
From: KyrosLRead Replies (1) | Respond to of 118717
 
C just broke its all time daily volume record in the first hour and a half of trading. 2.2 billion shares traded so far.

Although C is down, there are a couple of favorable developments. First the government will hold on selling any of its shares for a few months. Second, the IRS has ruled favorably on potentially multi-billions of taxes that C may have been liable for.

So, IMO, at this level there is a 50% potential in C, though I don't intend to hold mine beyond a 20% gain.