Exactly my point.
I agree that C is a buy down here, with a fat div. I have a spread on C going.
All dependent on whether they will continue their dividend, which I consider the very strongest of likelihoods but not any kind of certainty.
I also like C because of big international operations. If the dollar gets beaten up badly, their overseas profits will be even bigger. I’ve been wanting to buy some other companies for the same reason, but many have been stubbornly holding up. I was hoping for intc to come down!
I only took a small position in Citigroup so far.. I’m going to wait to see how things play out, if it goes a lot lower I will probably buy more instead of selling my position. Depending on the reasons it goes lower.