Dollar Stocks Everywhere!

It's almost impossible to draw any positive conclusions regarding stocks right now. Instead, we're mostly left with haunting statistics showing just how damaged the trading environment is, and how frightening and weird it's getting for Wall Street.

For example, what's one to make of the fact that shares in a chain of dollar stores are soaring to levels where its market cap now approaches that of what was once the world's largest bank. Welcome to the bizarro market:

Family Dollar (FDO): Current Price - $30.66. Market cap - $4.29 billion

Citigroup (C): Current Price - $1.02. Market cap - $5.59 billion

So goes the fate of one of the world's great financial institutions as it veers towards nationalization or possibly something worse.

If it's not too painful, take a look at other former stars and blue-chip names now staring down share prices leaning towards the left side of the decimal. The list, care of The Big Picture, is updated for today's close:

• AIG (35 cents)
• Citigroup ($1.02)
• E*Trade (65 cents)
• Fannie Mae (37cents)
• Freddie (37 cents)
• Unisys (35 cents)

For more, see this list plus his "not-quite-penny stocks."