C (Citigroup) Rolling Over [NotSoBreakingPrice] - MarketTicker Forums


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User Info	C (Citigroup) Rolling Over in forum [NotSoBreakingPrice]
Argos Posts: 6338 Incept: 2008-03-23 The Green Mountain State	C had been up just over 2% earlier today; currently it's flattish. It had a giant volume spike at 12:47PM (one-minute chart), with some 3.2M shares traded. This performance may be legacy of the Italian bank downgrades from Friday. But, still, I wouldn't rule out some sort of bearish news on the horizon. GS is flattish and MS is in the red, so whatever is affect C may not necessarily be exclusive to Citi. (I'm short MS.) Last modified: 2012-02-13 15:47:29 by argos 2012-02-13 15:46:30 Permalink
Argos Posts: 6338 Incept: 2008-03-23 The Green Mountain State	Some 15.6M shares of C traded in the after hours thus far, with two lots over 7M shares. Also, I'm not seeing this kind of volume for Citi's peers. 2012-02-13 16:59:29 Permalink
Argos Posts: 6338 Incept: 2008-03-23 The Green Mountain State	I suppose that that bearish news was the Moody's downgrades. Currently: BAC down 3.33% (thanks, in part, to a downgrade at Citigroup) C down 4.44% JPM down 1.80% GS down 2.49% MS down 3.58% 2012-02-14 10:17:57 Permalink