http://www.zerohedge.com/article/goldman-puts-citi-conviction-buy-list-time-sellGoldman Puts Citi On Conviction Buy List, Time To Sell
Submitted by Tyler Durden on 10/25/2010 07:56 -0500
Citigroup Conviction Buy List TARP
It took 3 days for Goldman's EURCHF trade to hit stop losses. Now Goldman is aggressively selling Citigroup to its clients who are now "buying with conviction" the world's most bankrupt bank. The only question now is, how long before Citi joins BofA in desperately needing TARP 2.
I'm out.... Every-time Goldman puts a stock i have owned on there conviction list..They have always fell pretty badly soon there after.
I'm taking my profits, and buying puts on it in a few days.