What to do with your Citigroup Stock

Crossposted from Left Toon Lane, Bilerico Project& My Left Wing


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A friend of mine was recently discussing what you can do with Citigroup stock since it is priced a tad over a dollar. Well... not much it seems.

It isn't too far of a stretch to imagine the stock getting delisted soon due to being priced under a dollar a share.

I think it is a market declaration of how worthless Citigroup and its kin truly are. Yes, most stock prices have dropped horribly in price over the months, but one thing the Bush Depression has given us, is a clear view of what is valuable and what is not. Apple and Google are still priced well over $1 per share. Clearly companies that structured their business models around neo-con fantasies aren't even worth the price of a movie ticket.

Tags: bush depression, cartoons, CitiBank, Citigroup, comics, humor, Politics, watchmen, webcomics (all tags)

Comments

3 Comments

sell it short

by Lakrosse 2009-03-03 06:33PM | 0 recs
Re: What to do with your Citigroup Stock

Geithner and Summers heads on a stick if they don't put Citi into receivership before St/ Patty's day.

Enough with trying to figure out a way to stick the U.S. taxpayer with the "toxic assests" and give Citi, BofA and Godlman a windfall by overpaying for this junk.

Lets hire Milken to do his magic with junk again. The 80s melt down was a lot more fun.

by martinlomasney 2009-03-03 07:14PM | 0 recs
Re: What to do with your Citigroup Stock

Wallpaper?

All kidding aside, it's killing my former boss who is 64 and worked for ten years at Salomon Brothers. Much of his net worth was tied up in C stock.

by Charles Lemos 2009-03-03 09:58PM | 0 recs

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