Storm Bear Picture

What to do with your Citigroup Stock

Filed by: Storm Bear

March 4, 2009 2:09 AM


click to enlarge
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.

Share

Like what you read? Subscribe to The Bilerico Project by Email.

Want others to read it too? Use the buttons and links here to share this entry with others. (Move your cursor over a button or link to learn more about it.)

Leave a comment

To help avoid spam, all comments from unregistered users are held for moderation.




We want to know your opinion on this issue! All comments from unregistered users are held for moderation. While arguing about an opinion or idea is encouraged, personal attacks will not be tolerated. Please be respectful of others.

The editorial team will delete a comment that is off-topic, abusive, exceptionally incoherent, includes a slur or is soliciting and/or advertising. Repeated violations of the policy will result in revocation of your user account. Please keep in mind that this is our online home; ill-mannered house guests will be shown the door.

If you would like to let the editorial team know about a possible policy violation, please use the Contact Us link at the top of the page.

« A Bright, Shining Light | Home | Equality California's new ad »