| Messages 1 - 15 of 127712 Older » |
| Why paying back TARP now?!?! C management's egocentric move |
From: PP K <scott.a.lege...@gmail.com>
Date: Thu, 10 Dec 2009 23:32:19 -0800 (PST)
Local: Fri, Dec 11 2009 2:32 am
Subject: Why paying back TARP now?!?! C management's egocentric move
Quote <<"...The Financial Times said unless Citigroup is able to
launch a successful capital raise by the middle of next week, it would become practically impossible to do so until after it reports year-end results in mid- January due to disclosure rules. To us it would seem impractical for Citigroup to payback the remaining $20 billion in TARP, while the government still owns 34% of the common. What good would it do? It might be a good PR move, but with the government still owning 34% how is the company getting out from under the government's thumb with this move? If Citi has the capacity to payback anything, it needs to buyback the
Besides "looking good" to satisfy their ego, I might add that another
I currently don't have any positions in C, yet C's disregard of
We shall see whether C could raise the capital by other means or use
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| Re: Book Value After Dilution |
From: "??" <ksiem...@optonline.net>
Date: Thu, 10 Dec 2009 19:44:57 -0800 (PST)
Local: Thurs, Dec 10 2009 10:44 pm
Subject: Re: Book Value After Dilution
Bijan,
Thank you for a well thought out and well written post. There are far
Treasury Secretary Timothy Geithner reporting to the Congressional
Paraphrasing Treasury Secretary Geithner,
"It is a very good thing for the country, that banks
Of Bank of America: "TARP repayment is in direct response to their
On Dec 10, 5:38 pm, Bijan <bijanbehes...@gmail.com> wrote:
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| Dont miss 'EMIS' on Friday |
From: Jay <jagger...@gmail.com>
Date: Thu, 10 Dec 2009 18:29:59 -0800 (PST)
Local: Thurs, Dec 10 2009 9:29 pm
Subject: Dont miss 'EMIS' on Friday
Take a look at EMIS
It ran up 22%+ today, technicals and fundementals say it will still go up tomorrow, people are just not ware of it. Get in early http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=new...
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| Re: Book Value After Dilution |
From: jimmy <bass9...@msn.com>
Date: Thu, 10 Dec 2009 17:44:50 -0800 (PST)
Local: Thurs, Dec 10 2009 8:44 pm
Subject: Re: Book Value After Dilution
Mr. Pandit serves on the boards of Columbia University, Columbia
Business School, the Indian School of Business, and Trinity School. He is a former board member of NASDAQ, the New York City Investment Fund, and the American India Foundation. Mr. Pandit earned a PhD in Finance from Columbia University in 1986.
I am sure Pandit is well qualified to understand at least part of
On Dec 10, 4:29 pm, Bijan <bijanbehes...@gmail.com> wrote:
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| Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower! |
From: "A.Keanu" <euje...@gmail.com>
Date: Thu, 10 Dec 2009 17:35:44 -0800 (PST)
Local: Thurs, Dec 10 2009 8:35 pm
Subject: Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
wow, didn't know you are into finance too...
On Dec 10, 6:39 pm, heath <heathbradf...@ymail.com> wrote:
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| Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower! |
From: Spider <consumerv...@gmail.com>
Date: Thu, 10 Dec 2009 17:19:52 -0800 (PST)
Local: Thurs, Dec 10 2009 8:19 pm
Subject: Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
Let's get to the $5 so we can talk about $10. This giant will move up
but it might not happen that soon, that much. You must Sign in before you can post messages.
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| Re: Is there a chance for Citi.. |
From: bobby duder <bobbydu...@gmail.com>
Date: Thu, 10 Dec 2009 16:36:39 -0800 (PST)
Local: Thurs, Dec 10 2009 7:36 pm
Subject: Re: Is there a chance for Citi..
I think it is important to separate the TARP money C owes the govt.
and the 7.7 billion shares the govt. holds The 20 billion payback to Uncle Sam will free C from govt. oversight. I believe dilution will be minimal simply because only 10 to 15 billion in new equity will be granted; the rest will come from cash-on- hand. At $3.86, which is way under book value, most of the dilution is priced in. The bears are poised to do some damage but it's nothing to be concerned about (especially if you are long). Some residual govt. influence will be because of the 34% govt. stock ownership, but the govt. isn't looking to be vindictive and will sell off gradually at maximum profit. I don't know. I guess what I'm trying to say is this stock is way to cheap and all the stigma and media hype is blinding people to the obvious pay-off. But with the TARP pay-off goes the stigma; up to book value we go. Oh yeah, and don't forget about Q4. I bet they beat expectations. On Dec 10, 6:41 pm, jimmy <bass9...@msn.com> wrote:
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| Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower! |
From: bobby duder <bobbydu...@gmail.com>
Date: Thu, 10 Dec 2009 16:23:14 -0800 (PST)
Local: Thurs, Dec 10 2009 7:23 pm
Subject: Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
C will hit 20 USD, but not anytime soon. We're talkin' years.
On Dec 10, 6:39 pm, heath <heathbradf...@ymail.com> wrote:
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| (HESG) Health Sciences Group, Inc. Recieves Ground Breaking Government Approval. |
From: Alex <isto...@live.com>
Date: Thu, 10 Dec 2009 15:43:12 -0800 (PST)
Local: Thurs, Dec 10 2009 6:43 pm
Subject: (HESG) Health Sciences Group, Inc. Recieves Ground Breaking Government Approval.
Becoming America's only Public Company with medical marijuana growing,
transportation, distribution, dispensaries & care giving operations. Featured on Cnn's the sittuation room with Wolf Blitzer. {HESG} has officially retired 2 billion shares of common stock to help
(HESG) is in final negotiations to acquire two separate Montana-based
(HESG), also Enters Into Negotiations to Acquire 30% Stake in MODUS
www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=HESG.PK&...
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| Re: Is there a chance for Citi.. |
From: jimmy <bass9...@msn.com>
Date: Thu, 10 Dec 2009 15:41:15 -0800 (PST)
Local: Thurs, Dec 10 2009 6:41 pm
Subject: Re: Is there a chance for Citi..
This is a very complex matter and it may take at least two quarters to
see the real benefits. It is not really that bad for shareholders. AIG was in worse shape than C and the short sellers drove down its price after the reverse split. The reverse split in itself did not cause price to decline in that case. The markets were also still very weak during the time AIG did its reserve split, thus it allowed the short sellers to move in to drive price down. Going from 20 to1 at $1 to $20 may have also caused small investors to sell off in that case which provided a perfect condition for short sellers to gain downward momentum. Shared article:
But for Citigroup Inc. (C 3.89, +0.02, +0.52%) that may not be a
Citi reportedly plans to raise $20 billion selling new equity to help
At the same time, the government will probably sell the 7.6 billion
If Citi pulls this off, the bank's capital ratios will be among the
"They've already got very strong capital ratios," Jeff Harte, a
Citi's Tier 1 common capital ratio, a closely watched measure of the
On Dec 10, 3:58 pm, Joe Crash <waveman.cr...@gmail.com> wrote:
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| Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower! |
From: heath <heathbradf...@ymail.com>
Date: Thu, 10 Dec 2009 15:39:01 -0800 (PST)
Local: Thurs, Dec 10 2009 6:39 pm
Subject: Re: Citigroup, Inc. trading @ $20USD. in 2010, thanks to Citigroup, Inc. Financial WorldPower!
twenty dollars isnt going to happen. im holding to 7.50
On Dec 10, 3:12 pm, bobby duder <bobbydu...@gmail.com> wrote:
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| Re: How will TARP repayment affect C in the short-term? |
From: "A. Ron" <arlige...@gmail.com>
Date: Thu, 10 Dec 2009 15:38:49 -0800 (PST)
Local: Thurs, Dec 10 2009 6:38 pm
Subject: Re: How will TARP repayment affect C in the short-term?
Maybe if you ask nicely, he'll sell you some backdated $80 puts for $1
each on Lehman Brothers. On Dec 10, 6:00 pm, "sASCH." <emailausdruc...@googlemail.com> wrote:
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| Re: Is there a chance for Citi.. |
From: "A. Ron" <arlige...@gmail.com>
Date: Thu, 10 Dec 2009 15:30:22 -0800 (PST)
Local: Thurs, Dec 10 2009 6:30 pm
Subject: Re: Is there a chance for Citi..
Uh, the whole WORLD saw this coming in March, Joe "Was it Call or Put"
Crash. The reverse split amendment was built into the conversion, and a foregone conclusion. Apparently you didn't see THAT coming 9 months ago. Insert mother joke
On Dec 10, 6:01 pm, Joe Crash <waveman.cr...@gmail.com> wrote:
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| Re: Book Value After Dilution |
From: "A. Ron" <arlige...@gmail.com>
Date: Thu, 10 Dec 2009 15:19:40 -0800 (PST)
Local: Thurs, Dec 10 2009 6:19 pm
Subject: Re: Book Value After Dilution
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| Re: Book Value After Dilution |
From: "sASCH." <emailausdruc...@googlemail.com>
Date: Thu, 10 Dec 2009 15:14:15 -0800 (PST)
Local: Thurs, Dec 10 2009 6:14 pm
Subject: Re: Book Value After Dilution
yatta. I have a lot in C, too but my time line is not "tomorrow" or
"next week", so I am not scared. I don't care as long as C does not go down (which even these shorters like Joe "was it Call or Put" Cash or PiginSoc don't think). Know what your time line is and just don't look at the share price
On Dec 10, 6:02 pm, Yatta <jonloo...@gmail.com> wrote:
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| Messages 1 - 15 of 127712 Older » |