Montag, 23. März 2009

Goldman Sachs analyst recommends shorting shares of Citigroup



NEW YORK (AP) — A Goldman Sachs analyst has recommended a short-selling strategy for shares of Citigroup Inc., noting the bank is still heavily exposed to the troubled mortgage and consumer credit markets.In short-selling, an investor borrows shares of a company and sells them, betting the stock will go down. The investor then buys back [...] continue reading world news

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