What's a Reverse Stock Split?

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Great a Citi Stock split..Now your 1000 shares at 4.5 will be 100 shares at 45.00.
Now there is lots of room to go lower!!! Thanks Vikram...How about leave the shares alone and earn your way to a higher stock price!!!

Art of NJ 10:24AM March 21, 2011

Let us common folk make back our money they stole.
Leave the stock alone it's not in danger of delisting

steve of MA 10:14AM March 28, 2010

Reverse Splits don't devalue stock prices. Plain and simple.
CITI has a unique situation, tied into bailouts, so thats not a normal scenario for a reverse split anyways.
All in all, its just a tactic to show the stock at a face value that is more attractive.

JD of CA 6:23PM May 01, 2009

i cash advanced my citigroup visa card 10k in cash at my bank and 5k in purchases, (maxed it)and then went home and chopped it up with scissors....and when the bills came, even the nasty ones, i put them in my shredder, and changed my phone number....thanx for the 15k you idiots, my house is paid off(in wife's name) and i could live at least 2 years on 15k, and you cannot LEIN the house !!! ha ha ha ha !!!...CITIGROUP ROCKS !!! SINK YOU SCUMBAGS !!!

dana of CO 11:34AM March 22, 2009

US Government owned 40% of Citigroup "C".
Should this big shareholder: "US Government" be allowed to approve reverse stock splits
Who will provide approval votes: "The President of United State of America or Secretary of Treasury"
Pick a choice.

DChung of CA 2:15AM March 20, 2009