CIT Group, Inc. New Common (CIT)

[eddy2]

I can still see $200.00 a share easy with the reduced liability of 10 billion dollars and retained earnings plus the capital surplus never mind the other 400 million shares the company has to raise capital and with only 200 million outstanding this is a no brainer there will be a forward split of some kind comming soon bring the stock back down to $10 and then watch out she is going to rock and roll along with the housing markets up swing due an increase in inflation and cheap borrowing of morgage money but in about a year and a half watch for interest rates to increase and every thing to go down again except bank stocks that have borrowed so much cheap money they will keep rocking up wards.


New shares, reduced liability, increased earnings along with inflation that will bring increased housing prices that will mean increase assets to reflect the increase earnings. Get in now there will never be a better time then after a BK.

I'm a retail investor and by know way a pro investor. Talk to your financial advisor, I did.