I want to comment on what Deleone said, there seems to be heavily weighted negative news toward both the market and Citi. I notice several inaccuracies in several articles yesterday and when they were not inaccurate they left out significant information. One article posted that Citi had $500million in troubled real estate loans but did not mention that they have the fewest of any major bank, are number 1 in cash ratio to debt or that they have $193 billion in cash.
Citibank is going to take off in the next 24 months the only question I have is if it pop before Q1 earning or after.
Personally I think the May 4's @ 30 cents are a much better risk than the April 4's @ 16 cents.
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