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What will be the price of Citigroup stock (C) at the close of business on Friday, November 28?

Settled as $6.00 or higher

Citigroup closed at $8.29

Background:

Individual Stock Questions are not normally created, but at the discretion of the Category Editor, some very newsworthy stocks may have questions created involving them.

In this case, the fate of Citigroup is of extreme importance, particularly in light of the news regarding the government support of the company.

The stock has dropped dramatically in recent weeks, going from $23.00 on October 1 to $13.99 on November 3, and just take a look at the last week:
Monday 11/17 8.89
Tuesday 11/18 8.36
Wednesday 11/19 6.40
Thursday 11/20 4.71
Friday 11/21 3.77

So, surely it should go up in today's trading, but how will it hold up throughout the week...?

What will be the price on one share of Citigroup this Friday, November 28?

Question will suspend mid-day Wednesday, 11/26.







http://finance.google.com/finance?client=ob&q=NYSE:C

NOTICE
This question is being offered as a trial run of questions related to individual stocks, which are not normally allowed. There may be a possibility of allowing a few questions regarding individual stocks as long as there is an important news connection. In this case, news regarding Citigroup is one of the most important news stories of this week. Well worth taking a look at on Hubdub.

Again, this is a trial run and there may be more questions posed this week to test it out. Individual stock questions are still not allowed without prior approval.


Settlement details: As reported by a major mainstream news source.

 
Forecast history, %
   Zoom in

Settled

Below $3.00
1%
$3.00 to $3.49
3%
$3.50 to $3.99
5%
$4.00 to $4.49
5%
$4.50 to $4.99
6%
$5.00 to $5.49
9%
$5.50 to $5.99
20%
$6.00 or higher
49%
Activity: H$12,441
Settled as $6.00 or higher on Fri 28th Nov 2008 5:17pm PST

Suspend date: Wed 26th Nov 2008 10am PST Settlement date: Fri 28th Nov 2008 5:17pm PSTPrediction cut-off: Predictions on this question after Wed 26th Nov 2008 10am PST have been voided because they were made after the question could be settled

Initial likelihoods: Below $3.00: 5%, $3.00 to $3.49: 14%, $3.50 to $3.99: 22%, $4.00 to $4.49: 22%, $4.50 to $4.99: 15%, $5.00 to $5.49: 10%, $5.50 to $5.99: 8%, $6.00 or higher: 4%

Action history:

Created Mon 24th Nov 2008 6:07am PST by bayoubear[Admin]
Suspended Wed 26th Nov 2008 10am PST : Suspend date reached
Settlement requested Fri 28th Nov 2008 1:08pm PST by hect0r: $8.29
http://finance.google.com/finance?q=NYSE%3AC
Settlement requested Fri 28th Nov 2008 1:44pm PST by rbrog77: Looks to me like it closed at 8.29

http://moneycentral.msn.com/detail/stock_quote?Symbol=c
Settled as '$6.00 or higher' Fri 28th Nov 2008 5:17pm PST by bayoubear[Admin]: Citigroup closed at $8.29

Suspend date: Wed 26th Nov 2008 10am PST Settlement date: Fri 28th Nov 2008 5:17pm PSTPrediction cut-off: Predictions on this question after Wed 26th Nov 2008 10am PST have been voided because they were made after the question could be settled
more info...

 

Predictions (76)

76 predictions

6 weeks ago
petefin predicted $6.00 or higher (H$200 at 48%)
6 weeks ago
ksavai predicted $6.00 or higher (H$100 at 45%)
6 weeks ago
ourtown predicted $5.50 to $5.99 (H$50 at 22%)
6 weeks ago
ourtown predicted $6.00 or higher (H$100 at 44%)
6 weeks ago
pita_soup predicted $6.00 or higher (H$20 at 44%)
more

Comments (1)

  1 bayoubear[Admin]
Already at $5.89 a share...will it hold up until Friday???
posted 6 weeks ago

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