Replies to post #2791 on Citigroup Inc (C)

[jmoney20]

The shorts are holding this stock down like crazy.... The DOW is up almost 200 points, and other banks are flying up but Citi is staying put in the 3.11-3.12 range.. This is crazy.

[g2nec]

I agree, Hedge funds are consolidating; they need the hedge funds for the toxics. I think we need to shoot off the gap..3.01

[Rckhnd]

I would laugh and cry at the same time, but at least I got out with a two bagger. Now I'll wait until AFTER the RS and let the price settle before getting back in.

If (as you suggest) the RS was just a ploy, then it can do as much harm as good. Mainly because there are many investors like me who have experienced them before. At the first hint of RS, we hit the 'sell' as quick as we can.

[IL Padrino]

Good theory. Whenever you're dealing with billions of dollars, one thing is for sure...we don't know the whole the whole story behind anything.