I read or heard somewhere that CIT did not make any money the past 2 years. So if they couldn't make $ before you know what hit the fan, then I can't imagine they do it now. I have no position in the stock and haven't. Its just another sore subject for the American taxpayer. That said, I'd rather we "save" CIT than have this health care reform as currently proposed being jammed down. Plus, I want you to make money on your position!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.