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I am new in this area, I am thinking in buy this stock, I am thinking in wait more than 1 or 2 years ..... this investment is a good idea ??
Sorry for my english ... i speak better in spanish
Citigroup has certainly been the worse bank in regard to the credit crisis.
It's one of the banks that is unable to repay TARP money.
I'd rather buy other bank stocks.
Citigroup Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securiti...
Citi Group is back in profit for the 1st qtr of 2009. It's earnings report will be released April 17. Those shares won't be where the are now ever again in the next few days or weeks.
AIG is still losing money. I don't care if the shares are going up or the government is 80% owner. If a company doesn't make profit the price rise isn't sustainable because there's currently no evidence of stronger performance from the underlying business backing it.
A rumor goes that US governement may soon sell their stake in C. And the company itself will add to that a huuuuge share offering. This stock is going to be badly diluted in the future and that won't even remove the 50 billions or so of remaining debt which hasn't been converted to common shares (not yet)...
Citi Group Stocks
I am new in this area, I am thinking in buy this stock, I am thinking in wait more than 1 or 2 years ..... this investment is a good idea ??
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