What's a Reverse Stock Split?

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saying the split isn't a good thing isn't correct

Reverse Splits don't devalue stock prices. Plain and simple.

CITI has a unique situation, tied into bailouts, so thats not a normal scenario for a reverse split anyways.

All in all, its just a tactic to show the stock at a face value that is more attractive.

JD of CA @ May 01, 2009 18:23:55 PM

heres my new reverse stock split method :

i cash advanced my citigroup visa card 10k in cash at my bank and 5k in purchases, (maxed it)and then went home and chopped it up with scissors....and when the bills came, even the nasty ones, i put them in my shredder, and changed my phone number....thanx for the 15k you idiots, my house is paid off(in wife's name) and i could live at least 2 years on 15k, and you cannot LEIN the house !!! ha ha ha ha !!!...CITIGROUP ROCKS !!! SINK YOU SCUMBAGS !!!

dana of CO @ Mar 22, 2009 11:34:47 AM

Reverse Stock Splits - All Financial Institutions Should Do The Same

US Government owned 40% of Citigroup "C".

Should this big shareholder: "US Government" be allowed to approve reverse stock splits

Who will provide approval votes: "The President of United State of America or Secretary of Treasury"

Pick a choice.

DChung of CA @ Mar 20, 2009 02:15:11 AM

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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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