QuickStockAnalysis.com

Some months ago, most bullish investors believed that the financial sector was the one that offered the most attractive opportunity to make money; or at least they thought so. Financials were recovering from its momentary low values; particularlly, Citigroup (stock ticker: C), recovered since the March low of $17.99 to $29, but fell hardly the following moths to reach the present share price of $2.31 today.

The high of $55.55, almost 18 months ago, shows as that depresion fears aren´t a joke; the world´s largest  financial company lost almost 95% of its market value. Read the rest of this entry »

Citi´s intense crisis has intensified yesterday as its shares dipped below the psicologically relevant barrier of $1 per share, amid growing investor concerns over the U.S. government’s decision to bail out the troubled bank by taking a stake of up to 36%. That would mean an automatical share loss of 36%, and probably will get a lot higher.

Citi’s shares (stock ticker: C), which peaked at more than $56 in 2006, fell to an all time low of $0.97 in morning trading in NYSE, before recovering to close at $1.02, down nearly 10 per cent. At that level, Citi’s market value is just $5.6bn. 

Read the rest of this entry »