Citigroup Inc (C): If that 2 notch downgrade comes C may br...

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12thman

Re: Sergey777 post# 11297

Saturday, 05/05/2012 10:25:38 PM

Saturday, May 05, 2012 10:25:38 PM

If that 2 notch downgrade comes C may break below $20. Especially if the socialists win out in European elections. Time to bring the big banks to their knees imo!

***Disclosure: I am long C puts at the moment, target $25-27 in the near term***

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