Today Citicorp (US biggest bank) downgraded their outlook on NAB (National Bank of Aus.) from a "BUY' to 'SELL."
Ironic because:
1) NAB have already dropped 40% BEFORE Citicorp woke up and realised this is a serious bear market and NAB are part of it.
2) No American Bank has blown more cash on lousy investments in the past couple of years than Citicorp. The past 5 weeks alone, it has written off about 20 BILLION with PLENTY more to follow. Sure NAB will end up declaring about 700M - 1Billion in dud loans over the next 15 months..... but Citicorp puts it to shame. Pot calling the kettle black.
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Last
$36.69 |
Change
0.730(2.03%) |
Mkt cap ! $113.7B |
Open | High | Low | Value | Volume |
$36.28 | $36.72 | $36.19 | $142.5M | 3.892M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $36.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$36.70 | 3228 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 36.640 |
2 | 3884 | 36.600 |
2 | 615 | 36.580 |
3 | 27670 | 36.570 |
1 | 30 | 36.560 |
Price($) | Vol. | No. |
---|---|---|
36.700 | 3228 | 3 |
36.730 | 808 | 4 |
36.740 | 638 | 3 |
36.750 | 9242 | 11 |
36.760 | 1904 | 4 |
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