Wednesday, December 16, 2009

All eyes on Citi.............

Huge secondary and covertible offering...........
This is tomorrows story. I need this market to crack - perhaps the 33% dilution that this deal is bringing on Citi shareholders will be the spark - in two days 32 billion in equity issuance from just two companies???? How is thr market not down - how? its impossible. Government intervention has to be involved.

JB

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