Tuesday, March 10, 2009
Things Are Looking Up
V. Pandit announced today that Citi is having its best quarter since 2007 when it last posted a profit, thus becoming the leading candidate for the 2009 "Seeing the Glass Half-Full" award. The news sparked an enthusiastic 15% pre-trading rally of the company's shares, while analysts are expecting to see new all-time highs before year end 2129.
Subscribe to:
Post Comments (Atom)
1 comment:
“I am, like you, disappointed with our current stock price and the broad-based misperceptions about our company and its financial position,” Pandit wrote. The price doesn’t reflect the bank’s capital strength and earnings potential, he added.
Buhaaaahahahah
We, like you, (and the other shareholders) are also disapointed with the current share price. It currently reflects only the bank's nationalisation potential.
Post a Comment