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0 point posted on 07/07/08

N/A

Michael Parness:

+0.00%

C - should get a nice bounce here.

C - The banks should get a nice bounce here. While I remain VERY bearish on these stocks intermediate and longer term, I wouldn't be surprised to see C and others in the sector bounce in a post-Window Dressing squeeze. Stay tuned!

Michael "Waxie" Parness
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Citigroup Inc

Comments (3)

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traderdrew

71%

1 point commented 132 days ago reply

any bounce that occurs will be extremely short lived and I wouldnt want my money riding on that kind of speculation

nextfundmanager

N/A

1 point commented 131 days ago reply

given how bad the situation actually is I wouldnt expect there to be much opportunity for window dressing on these financial statements

loneranger

30%

1 point commented 130 days ago reply

Every time we see a bounce in this stock it is just a better spot to short, if it happens again this time it shouldnt be viewed as anythign different

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Citigroup Inc (C)

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