Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Vikram Pandit's Departure From Citibank Means Buying Opportunity for Investors -- But Wait!

By

Before diving into Citibank stock, wait until the sellers get out.

PrintPRINT
MINYANVILLE ORIGINAL Citibank (NYSE:C) CEO Vikram Pandit has stepped down along with the President and COO John P. Havens. Citibank stock is trading down 1.40%. After yesterday's report this catalyst will be an opportunity to buy, but wait until the sellers get out of the way before diving in.


Click to enlarge

Ratings are as follows: 1 Strong Sell, 2 Sell, 3 Hold, 4 Buy, and 5 Strong Buy.

ChartLabPro.com algorithm has been in use for 13 years and combines both statistical and quantitative analysis to run institutional money.

For more from ChartLabPro.com, click here.
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE