<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/079388d9-3b3b-49be-a64e-2cbd12eaf86a/7286B90D-586B-4321-B15A-5E05DE889539/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/" href="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/" style="font-size: 11px;">www.chartingstocks.net</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/">Citigroup Stock Costs Less Than Their ATM Fee</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/">Friday, February 27, 2009</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/"><STRONG>Citi Shares Drop Below Their $1.50 ATM Fee</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/"><P>Last week, we warned that Citigroup and Bank of America would most likely be <A href="http://www.chartingstocks.net/2009/02/gone-in-60-days-citi-and-bank-of-america-wont-live-to-see-may/">taken over by the US government within 60 days</A>. Our prediction proved to be optimistic by 58 days, in Citi’s case.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/">Today, the deal was finalized and the US government will convert it’s preferred shares into common.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/">Citigroup also announced a $10 billion 4th quarter loss</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/">The market reacted to the news by reducing the value of Citigroup shares by 40% as shares slid to a new all time low of $1.50.  The selling continued into after hours and  traded down to $1.41.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/"><P>The shareholders have essentially been wiped out. Shares of Fannie Mae and Freddie Mac, AFTER being nationalized,  have traded higher than Citigroup is now. Citigroup has been nationalized. The government is now the largest shareholder. I expect even the mainstream media will eventually start calling this what it truly is - A public takeover.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.chartingstocks.net/img/9F26147D-4007-4750-81C7-8F25EBBFF545" alt="c_bac" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7286B90D-586B-4321-B15A-5E05DE889539/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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