I wouldn't be using Citi as a broker again, if I was in the first place.
This "guy" would have cost plenty of people PLENTY of money by his big brainstorm. To change a recommendation so radically almost overnight smacks of stupidity at best.
What did he think would be the market reaction ?? or didn't he think at all ?? or was it more sinister ??
The questions he posed and reasoning he used may well be proved right BUT his big moment in the limelight may well have cost a lot of people their savings/investments or even their jobs for those that are actually employed in the Asciano group.
Good luck and cheers
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