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Re: CNN Money Misrepresents CITI

Xixh <xich...@gmail.com>

Look at FAZ and you will get what I mean. From $100 above it came down
and now it is just few dollars worth only. Sure, shorters can keep on
shorting but there will be a point when shorting will be risky. Sure
everyone can short, but there will be a day when shorting becomes very
risky. We don't know when but the fact that more than 1 billion shares
shorted and conversion is nowhere in sight and 2ndQ is approaching. So
you guess whether there's risk for them. Never be too sure . Sure the
situation looks favourable to shorters but I've seen situation where a
sudden turning point could change the game. It is just like a battle
and you thought you are winning and suddenly BOOM! Something happen
and it change the entire game. From winning, shorters became losers.

On Jul 4, 11:23 am, Xixh <xich...@gmail.com> wrote:

> The worse is over. In March we faced a possibility of a financial
> meltdown but it is over.
> GM is out , banks had been stabilized. So why does anyone fear that  C
> will fail. Rememer few months back they spread the gloom and doom when
> it was so bad at that time. So now what is their bullets? No more
> bullets for them.

> On Jul 4, 9:02 am, RP <randypa...@sbcglobal.net> wrote:

> > Go to CNN money and check out the latest bank failures
> > in Illinois.  About half way down the article, there is a picture
> > of Citibank, where CNN decides to promote a story about Citi
> > and Japan.  Why there?  Man what a crock this is. The people
> > at CNN should be ashamed.  If you don't realize what I am trying
> > to say, let me make it clear, CNN is trying to group Citi with
> > those failed banks in Illinois.  This a typical fallacy use mainly
> > by uneducated lawyers who think they are educated, or
> > anyone that does not understand causal connections.  Why
> > else put the front of Citi headquarters in the middle of the story
> > unless you were trying to connect the two.  Very nice.  This is
> > the type of thinking that kids working at these news outlets
> > possess.  Scary.

> > So now you should understand the level of deception that the
> > media is trying to use to drive Citi out of business so GS and
> > MS can get their business.  Don't be confuse here people. GS
> > and MS want to take over Citi, but are not able to do it using
> > normal business practices.  As usual, they resort to distortions
> > of this kind to plant seeds of doubt.  But you cannot blame
> > them.  This is what their kind have done thoughout history.
> >  They grow up learning this.  They cannot break away from it.
> > Any wonder why they have always felt the wrath of society over
> > so many generations.  Oh, I wonder who controls the media.
> > They too will feel the wrath soon enough.  Gee I wonder if they
> > can see it coming.  Never could before.  I do know that they
> > will never be able to come together because they will be too
> > busy stabbing each other in the back.   Quite a funny picture
> > when you think about it.  I wonder what it must be like to live
> > like this.  It must be lonely.- Hide quoted text -

> - Show quoted text -