Replies to post #7718 on Citigroup Inc (C)

[PatD100]

The Feds could have sold off 200 mil today without a problem. The rise seems almost controlled except it did start to break out a little today.

[Theo]

The fact that C is getting out from under the gov't's tentacles of oversight is a huge positive from a share-holder standpoint. How will it affect the PPS? I suspect it won't be as noticeable as feared- there obviously seems to be much interest in C and this process will/can take the rest of the year. It's not like it's going to get dumped in one weekend. The other thing that I've been wondering about is what is C going to do with all the cash they are raising from the selling of their recent business assets? ;-) Time will tell...