Citigroup Inc (C)

[aharfo56]

I am looking at the big picture, and I'm not a basher. Bashers are people who simply list irrelevant information or no information at all while trying to put a stock down. For starters, Citigroup is the only truly international bank and "bashing" would be so useless on a board like Ihub that it's truly laughable.

Secondly, if the fact that the common shares will DOUBLE (yep, that's what they're talking about...double what is there now) comes to fruition, no one in their right mind would say this is good news. They're already discussing a R/S, which penny stock players know about already...companies issue lots of stock, diluting the heck out of it and driving the value down. Then, they conduct a R/S to get rid of all the extra shares. The U.S. government, current shareholders, and taxpayers will get hosed if this deal goes through. Not saying that Citigroup isn't worth speculating on at these prices; especially if one of the richest men in the world is buying up 26 million shares. I just know that we should consider those variables as PART of the BIG PICTURE, as you mentioned. If you leave that out, it's incomplete and niave to invest without it and I won't invest that blindly.