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Re: lonno post# 1529

Friday, 03/06/2009 9:16:07 AM

Friday, March 06, 2009 9:16:07 AM

Post# of 12437
Very possible but, that's going to be pushing it. Like BullnBear..I spent most of this week going line by line through their 10-k...it's really not that bad and looks better than quite a few of our financial institutions out there. It definitely should be trading higher than where it's at...But, C has several things going against it..fear of nationalization, (Not gonna happen IMO) horrible overall market conditions, and the stock is trying to price itself for the impending dilution after the conversion of the preferred shares. One thing to remember, the situation is almost always better than what the market thinks it is.

-Dave-
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