We, the people, deserve the same opportunities given to Sheiks! On Cigroup (C) we want the same deal offered to them! November 27, 2007Posted by deminvest in C Citycorp, stocks that pay high dividends.
No, I don’t have $7.5Billions, but I still want to get $2000 of equity units that pay an 11 percent annual yield until they are converted into Citigroup common shares at a price of up to $37.24 a share between March 15, 2010, and Sept. 15, 2011.
I’d love to get 11% yield for four years! Also I am pretty sure that stockprice for Citicorp will be well above $37.25 in four years: it is less than a yearly 5% growth for four years. Most stocks have much more than such a lousy performance.
I am a stockowner of Citigroup since years. Why don’t I get the same opportunity given to Abu Dhabi government?
Not only those dumb Citigroup managers trew away my stock-owner’s money on stupid sub-prime speculations. Now they are giving 11% yield and diluting my stocks 6.5% to those Sheiks, without giving us shareholders the same opportunity.
This is crazy and unfair!
We, the people, deserve the same opportunities given to Sheiks! Yea we don’t have $7.5 B, but together, if we want, we can put up some nice amounts too.