Citigroup Inc.
Thesis
Citigroup was also trading as if it was going bankrupt, but the investor sees potential for recovery as the market sentiment shifts and prices reflect a more balanced view of the company's prospects.
Did it work?
inconclusive
confidence: low
The pitch is a general long thesis that Citigroup was priced for bankruptcy and would recover as market sentiment normalized, but no price performance or time elapsed data is provided, so there is no way to verify whether the re-rating occurred. The thesis also lacks specific catalysts or a stated target that could be independently confirmed or invalidated. Without either price data or observable thesis events, no verdict on success or failure is possible.