Cramer Thinks U.S. Could Be Readying Sale of Citigroup (C) Shares
On CNBC's Stop Trading Jim Cramer said the trading in Citigroup (NYSE: C) suggests to him that the U.S. government is preparing to unload their common share stake in the company.
The U.S. government owns 7,692,307,692 common shares of Citigroup, or 33.6% of outstanding shares. They may sell their stake at anytime, according to the company.
Create E-mail AlertRelated Categories
Insiders' BlogRumors
Trader Talk
Stocks Mentioned
-0.73Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
