Stock Market PvP

[1000xZero]

Interesting on Citibank

http://finance.yahoo.com/tech-ticker/art...et-Started

From the Yahoo Message Board on Citibank:

Ok let me get to the meat of this. I lost the link for tech ticker today but watch that 5 minute video and it will explain to you what C and Bac are doing behind the scenes. First C is with Fury buying all MBS (mortgage based securities) they can get their little hands on for .30 on the dollar. They are then turning around and selling them back to the government for .85c on the dollar. For every Billion C spends it will make around 2.9 billion or a 1.9 billion net profit. So if C buys 100 billion of these they turn a profit of 190 billion dollars net.. YES NET! This in turn will go on the balance sheet for 1st quarter. What do you think will happen when C announces it made a 100 billion dollar profit in 1st quarter??? All hell will brake lose and this stock could trade for 100+ dollars. Now you say boy does the taxpayer take it hard here. Paying inflated prices for MBS's that are worth 1/3 what they paid for them. Oh poor Mr. and Mrs. taxpayer how bad. But here is where everyone is missing it. The government has 3.9 billion shares which they are converting to common shares. I believe this will all happen pre announcement of ernings on the 17th. Now the 17th comes along and C announces it has this huge profit and the stock soars to let's say $50 (panic short covering, etc..) the government because of their stake in C now has almost 200 billion worth of stock and 100 billion of MBS's.. Everyone wins in this scenario. C wins, shareholders win, the taxpayer wins, and Obama and Giethner look like the Messiah because they made Wall St. pay. This is an unbelievable plan that everyone is missing. This will work and I think this is what they have been doing. I believe that is why Pandit came out with R/S to keep the price from skyrocketing too soon. It would look bad if stock went to 50 and the G were allowed to buy for 3.25. I have no inside knowledge but this is what I have pieced together over the past two weeks.. Of course JMHO

Not sure it will go to $50 but it could see a pop. YMMV so do your own due diligence.