PROFESSOR3
美国，财经界人士，某西方跨国媒体支付稿酬的客座财经评论员。
正文
看本周二收盘后俺在博客中给两位访客的回帖吧：
http://blog.wenxuecity.com/blogview.php?date=200904&postID=43125
再看本周四收盘后在“大千股坛”的上贴：
http://blog.wenxuecity.com/blogview.php?date=200905&postID=9598#mark
以上可都是“马前炮”欧。
自3月5日以来，俺多数情况下是100%持股，少数情况下最少50%持股，最多50%持现金。初期持有4只金融股C,FAS,BAC,WFC,后来只持有2只即C和FAS。
花旗C自3月5日以来涨了300%+，$1+到了$4+，俺只交易过半仓一次，而且很快就买回了。花旗C本周五一天涨了6%+，还有人在“大千股坛”大叫“C怎么涨得那么慢？”当天道指才涨2%-，C的涨幅比道指快了3倍哎。当然，与俺的另一持股FAS一天涨20%+相比，确实“慢”了点儿。
如何“逢低买进”？这是股市投资人最关心的话题了。所谓“逢低”就是指距离已经出现的高点有一段距离了，对于一些“牛股”，无论股价多高，只要离开高点2-5%，就是“低点”而可以买进。震荡大的股票(以贝塔值作为标准，可以很容易查到的)，有时会有10-20%的下跌，此时只要大盘和所在部类没有转入熊市，就是更好的买点。如果您相信俺的“道指5月底9000，6月底10000”的预测，天天盘中都有低点，买进就是了。但要严格按照俺的“进场3原则”，绝不要一锤子买卖。记住，万点以下，越大的回档，越是买点。
今年全球股市大牛，但暴利都在上半年。平常情况下，您能想象好多股票一天涨20%+吗？太难啦。
本帖不构成任何买卖股票之建议。
祝您发财！
http://blog.wenxuecity.com/blogview.php?date=200904&postID=43125
再看本周四收盘后在“大千股坛”的上贴：
http://blog.wenxuecity.com/blogview.php?date=200905&postID=9598#mark
以上可都是“马前炮”欧。
自3月5日以来，俺多数情况下是100%持股，少数情况下最少50%持股，最多50%持现金。初期持有4只金融股C,FAS,BAC,WFC,后来只持有2只即C和FAS。
花旗C自3月5日以来涨了300%+，$1+到了$4+，俺只交易过半仓一次，而且很快就买回了。花旗C本周五一天涨了6%+，还有人在“大千股坛”大叫“C怎么涨得那么慢？”当天道指才涨2%-，C的涨幅比道指快了3倍哎。当然，与俺的另一持股FAS一天涨20%+相比，确实“慢”了点儿。
如何“逢低买进”？这是股市投资人最关心的话题了。所谓“逢低”就是指距离已经出现的高点有一段距离了，对于一些“牛股”，无论股价多高，只要离开高点2-5%，就是“低点”而可以买进。震荡大的股票(以贝塔值作为标准，可以很容易查到的)，有时会有10-20%的下跌，此时只要大盘和所在部类没有转入熊市，就是更好的买点。如果您相信俺的“道指5月底9000，6月底10000”的预测，天天盘中都有低点，买进就是了。但要严格按照俺的“进场3原则”，绝不要一锤子买卖。记住，万点以下，越大的回档，越是买点。
今年全球股市大牛，但暴利都在上半年。平常情况下，您能想象好多股票一天涨20%+吗？太难啦。
本帖不构成任何买卖股票之建议。
祝您发财！
请教教授。
C政府和私人债转股的价格是3.25。 其现股价大于4。债转股可能在近期发生，大概是五月或六月吧。
其现有5.51billion common shares, market capital 22.61B.
债转股后，common shares 会翻4倍。如果市场价格仍维持4元以上，其market capital将达90B.
今天Bank of America 的market capital是90B. 比较起来， City Group 是否overvalue了？考虑的BAC is in much better shape...
详情见link:
http://www.businessweek.com/bwdaily/dnflash/content/may2009/db2009057_833482.htm
Citigroup (C)
Citi announced today that it will expand its previously disclosed public exchange offers by $5.5 billion. This increase reflects the results of the U.S. government's Supervisory Capital Assessment Program (SCAP).
"The government's stress test was a rigorous process that assessed our capital and confirms our view that Citi's plans and actions will give it the financial strength to weather an adverse stress scenario" said Vikram Pandit, chief executive officer of Citi. "The results also reflect 15 months of continuous work, tough decisions, and steady execution towards a strong and stable Citi with a clear strategy for the future."
…
Citi will expand its public exchange offers previously announced on Feb. 27, 2009, by increasing the maximum amount of preferred securities and trust preferred securities that it will accept in exchange for common stock from $27.5 billion to $33 billion to further increase Tier 1 Common without any additional U.S. government investment or conversion of U.S. government securities into common shares. The conversion price of $3.25, the exchange factors and the priority of trust preferred securities accepted in the exchange offers will remain unchanged from the transaction terms as previously announced. (See attached transaction summary)
Consistent with the previous announcement, the U.S. government will continue to match the exchanges by public and private holders up to a maximum of $25 billion face value of its preferred stock at the same conversion price. The U.S. government will also continue to exchange the portion of its existing preferred securities that are not exchanged for common shares into new trust preferred securities with an annual coupon of 8%.
Citi said that it expects to launch the public exchange offers shortly after further SEC review of our S-4 and finalization of definitive agreements with the U.S. government reflecting the transaction terms previously agreed with the U.S. government.
This transaction could increase Tier 1 Common of the company from the first-quarter level of $22.1 billion to as much as $86.2 billion, which assumes the exchange of $33 billion of preferred securities and trust preferred securities, the maximum eligible under this transaction. Citi's TCE which was $30.9 billion on Mar. 31, 2009, will increase by as much as $60.4 billion to up to $91.3 billion.
Based on the maximum eligible conversion, the U.S. government would own approximately 34% of Citi's outstanding common stock, and existing shareholders would own approximately 24% of the outstanding common shares.
俺要专门写一篇博客回答您的问题，见下一篇。烦请您也做点儿贡献，向文学城博客版主推荐一下，将俺新写的这篇博客列入文学城首页下方的博客精华区。谢谢！