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nWo

08/20/10 1:08 AM

#8727 RE: tommyk2 #8725

Not necessarilly first of all they have a ton of shares outstanding and where do you suppose there going to do a buyback?? they took a lot of tarp money and a lot of bail out money in general...Long term yes I do agree if you mean long term this may become 10 dollars but its not going to happen anytime soon, plus the financials especially citi are still under quite a bit of pressure...I Certinaly think buying here is not to bad of an option it seems to have good support if it drops to around 3.50 it rises back up again to 4 bucks, But right now this stock has been stuck around these levels for a while, clearly the market wants to see more from Citi.,...lets wait and see what happens.