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November 20, 2007


Citigroup Recommends Overweighting Citigroup

Citigroup Downgraded to `Sell’ at Goldman Sachs

This line made me chuckle (with some pain since I’m a long-time C shareholder):

“… Citigroup recommended that investors buy U.S. bank stocks. New York-based analyst Tobias Levkovich raised his rating on the companies to ‘overweight’ from ‘market weight’ because of ‘compelling valuation, depressed earnings revision data and awful investor sentiment.’”

Here are the daily, 120-minute, and dividend yield charts for Citigroup (C):


Click to enlarge (C Daily)

Click to enlarge (C 120-minute)

Click to enlarge (C dividend yield)

This entry was posted on Tuesday, November 20th, 2007 at 11:20 am (utc+8) and is filed under Trading and Investing.

4 Responses to “Citigroup Recommends Overweighting Citigroup”

  1. crz said:
    November 20th, 2007 at 12:52 pm

    November is a crazy month for me… FCX and C drag down my whole portfolio that previously had 60% YTD gain. My wife is mad with me now.

  2. C. Maoxian said:
    November 20th, 2007 at 2:31 pm

    crz: Lesson learned… never talk with your wife about your investments. :-)

  3. ToddinFL said:
    November 20th, 2007 at 8:25 pm

    C.M. said:

    “… never talk with your wife about your investments.”

    My mother used to always be pestering my dad about owning so many stocks. He’d always chuckle a bit and claimed he only owned ‘30-35 stocks’.

    When he died and I went through all the stock certificates (yes, he kept them in a file cabinet at home), there were 86 stocks; many of which had declined in price dramatically. :)

    So yes, it’s better to NOT talk with your wife regarding your portfolio.

  4. C. Maoxian said:
    November 20th, 2007 at 9:08 pm

    Todd: Your mother should have done the investing and given dear old dad some “mad money” to piss away on his own. 8^)

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