Citibank stock @ 3.44 today...Good bet?? (insurance, banks, past, capital)

[Oildog]

I posted on another thread that I am lean on financials right now. Have closed out positions I made in 3&4Q08 that made some good $$$. I think Its time to restock the war chest for the next bump.

[treasurekidd]

Forgot to mention BRK-B, which I just bought into pre-split. The split should help bump it a bit, but aside from that, it's very undervalued to begin with.

[eskercurve]

Unless you can get preferred shares with a guaranteed dividend rate ... NO!

[j_k_k]

Originally Posted by treasurekidd

Forgot to mention BRK-B, which I just bought into pre-split. The split should help bump it a bit, but aside from that, it's very undervalued to begin with.

I just added two B shares as well. I don't like the split, but I still think it's undervalued.

[MDtech123]

BRK-B is a little to pricey for me

[treasurekidd]

It won't be tomorrow morning. Starting tomorrow, you can nuy BRK-B for around $69 per share. That might not last long though.

[mrgrape]

i wouldnt buy citi at 3.44, i sold at 3.50
i would only rebuy citi if it goes back to 3

[Intrepid Avarice]

I bought Citi around $1 about a year ago, I think the price point is too high right now for favorable entry.

[mrgrape]

ahhaah i told u, look after i posted it dropped down to 3.20 now.
I see support at 3. but who knows.

[AmericanMuscleTA]

I just bought Citi at $3.18. Does anyone think it will ever go back up to what it was in 2007? $50+ a share?