Monday, February 10, 2014

Citigroup is weak

So what is wrong with Citi?
Of all the banks over the last few years it is the one that continues to not make progress.
Citi hit $5 a share way back in '09 if I remember right.
They did that reverse 10:1 split a couple years ago, presumably to get the price over $5 so the big funds could buy it.
But the price languishes and has been particularly weak lately.
They really are too big to fail, you know!

As the banks go so goes the markets.

Control risk,

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