Keith Horowitz, Citigroup's stock analyst, said in a report issued today that those banks, according to how he understands the stress test, do not need to issue more equity, and if they do, he said it will be at a conversion price above current prices. "Also," he said, "these stocks are pricing in significant dilution, and we believe risk/reward is excellent at these levels."
LINK
O No, Citi just issued a BUY on banks
Started by
iloli way
, Feb 26 2009 03:44 PM
3 replies to this topic
#1
iloli way
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iloli = I'm Laws Of Line's I(eye)
Posted 26 February 2009 - 03:44 PM
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#2
10Shekel
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Posted 26 February 2009 - 03:56 PM
It's all just a diversion while they're naked shorting health insurance - long Goldman/short Wellpoint 
#3
traderpaul
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Posted 26 February 2009 - 04:08 PM
i am sure he issued a sell right at the top....Was that a buy near the top?....Don't follow that guy....Keith Horowitz, Citigroup's stock analyst, said in a report issued today that those banks, according to how he understands the stress test, do not need to issue more equity, and if they do, he said it will be at a conversion price above current prices. "Also," he said, "these stocks are pricing in significant dilution, and we believe risk/reward is excellent at these levels."
LINK
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#4
iloli way
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Posted 26 February 2009 - 04:25 PM
Not following any guy. Just that this February wash down was triggered by banks, and these mish-mesh of N word smells too stinky to be a clean play, just putting my criminal hat on...that's alli am sure he issued a sell right at the top....Was that a buy near the top?....Don't follow that guy....Keith Horowitz, Citigroup's stock analyst, said in a report issued today that those banks, according to how he understands the stress test, do not need to issue more equity, and if they do, he said it will be at a conversion price above current prices. "Also," he said, "these stocks are pricing in significant dilution, and we believe risk/reward is excellent at these levels."
LINK
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
