Citigroup Inc.
C
position
long
Paul Sonkin
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
Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the anticipated recovery in Citigroup's stock has occurred. The thesis suggests a potential shift in market sentiment, but without evidence of that shift or any price movement, we cannot determine the outcome. Therefore, the confidence in this assessment is low.
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