NEWSLETTER
RSS
MOBILE
HELP
SHARE
Email Confirmation
Nov 5 2007
10:01AM
EST
Citigroup, a Bargain?
At some point, this stock is going to be a bargain. Today, on the conference call, they said that they weren't cuttting the dividend. The yield is now 6 percent. The P/E ratio is down to 8.22. Yes, the write downs are huge but it's not going under, for gosh sakes. I suspect someone is coming in to buy a big bloc of shares before too long. It's obviously a total mess over there, with more write downs to come. But at some point it's bound to stabilize.
Recent Blog Posts
- The Mystery of President Obama
- Nov 4 2008 11:01PM EST
- Will Obama Really Raise Taxes?
- Oct 30 2008 12:00AM EDT
- How McCain Could Have Won
- Oct 23 2008 12:00AM EDT
- Joe the Plumber's 19 Days
- Oct 16 2008 12:15AM EDT
- McCain's Insane Mortgage Proposal
- Oct 7 2008 11:49PM EDT
- The Keating Connection
- Oct 6 2008 12:25PM EDT
- House Backs Bailout
- Oct 3 2008 1:27PM EDT
- Second Time a Charm, or a Curse?
- Oct 3 2008 11:44AM EDT
- The Biden-Palin Panderfest
- Oct 3 2008 12:00AM EDT
- The Somewhat Sweet Lives of Biden, Palin
- Oct 2 2008 3:30PM EDT
- No Third Term for Bloomberg
- Oct 2 2008 12:37PM EDT
- The Self-Congratulatory Senate
- Oct 1 2008 11:23PM EDT
- Six Paths to (Possible) Bailout Success
- Sep 29 2008 6:30PM EDT
- Let Boehner Write It, or Have the Fed Go Solo
- Sep 29 2008 3:16PM EDT
- The Republicans Have Blood on their Hands
- Sep 29 2008 2:04PM EDT
Archive
Dec
2008
Categories
Links
- Huffington Post
- Talking Points Memo
- Power Line
- Real Clear Politics
- Drudge Report
- The Politico
- The Political Animal
- The Daily Dish
- Matthew Yglesias
- Tapped: The American Prospect
- firedoglake
- Atrios
- KausFiles
- Instapundit
- Swampland
- Daily Kos
- Red State.org
- National Review
- Blogging Heads
- Freakonomics
- Marc Ambinder
Mobile