Saturday, December 19, 2009

Citibank outstanding Shares


12/18/09

Folks! Do you wanna own piece of Citicorp or Citibank shares? I know I do not. Simply, go to yahoo finance check out their market cap is about $77 B. Then, check out JPM market cap is about $160 B. So, if Citibank is going to be like JPM. The most reasonable stock price for Citi probably would be around $7. Let's say $7-$10. So, I do not think Citi is good for long term. It is good to treat as trading stock. Good luck if you own this piece of crap.