Citi Stock

Citigroup (NYSE: C) is currently trading at 3.89 as of 3:25 PM. Everyone keeps talking about what a great investment this is since Citi is currently one of the best capitalized banks out there:



I think this stock will hit a high of $5 around July or August. I plan to purchase around 500 shares and see how it does over the next 2 months. I will probably sell after they post quarterly earnings. If everything goes as planned I should make around $500. The money will come in handy, just in time to buy Apple's new iPhone when they come out next week.

Another reason to invest in Citi is that they are my primary creditor, we still owe them around $3500 or so... why not invest in companies we use?

Wish me luck!

HS