• 19 Jun 2009 at 9:30 AM

The House Of Pandit Is A Buy

By Greg Michaels

Dick Bove.jpgJust when you think there is a limit to laughable bullish calls, Dick Bove wakes up on a Friday and says Citi, “the only truly international bank in the world”, is a buy. Among Bove’s reasons for putting your $3 and change to work in Citi is Sheila Bair’s favorite, that Citi is “too big to fail”, and its earnings.

Citigroup’s normalized earnings estimate makes the bank attractive, Bove said. Though it will take time to return to the core business, Citi will have that time, he said, explaining why he is positive on the company’s outlook.

Citigroup is a Buy: Bove [CNBC]

Comments (36)

  1. 1
    Posted by guest | June 19, 2009 at 9:37 AM

    oh no he didn’t! he’s just waking up meredith whitney with this…. don’t wake the bears!!!!

  2. 2
    Posted by guest | June 19, 2009 at 9:43 AM

    and the sandwich-heavy portfolio pays off for the hungry investor!

  3. 3
    Posted by guest | June 19, 2009 at 9:45 AM

    stupid woodland creature….

  4. 4
    Posted by guest | June 19, 2009 at 9:47 AM

    Yea, a real unique fixer-upper op

  5. 5
    Posted by guest | June 19, 2009 at 9:48 AM

    Why is that lawn gnome staring at me?

  6. 6
    Posted by guest | June 19, 2009 at 9:54 AM

    Gregory:
    The proper way to describe Bove on DB is “adorable woodland creature.” Get with the program already!
    Love you,
    Mom

  7. 7
    Posted by guest | June 19, 2009 at 9:56 AM

    Didn’t he say it was a buy at $30 or something?
    what an a**clown

  8. 8
    Posted by guest | June 19, 2009 at 10:01 AM

    He still has a BUY on LEHMAN!

  9. 9
    Posted by guest | June 19, 2009 at 10:11 AM

    @9 LEH is still a screaming Buy, we have our price target at 148.
    JT Marlin Analyst

  10. 10
    Posted by guest | June 19, 2009 at 10:17 AM

    re: tag
    When your stock costs less than a midtown lunch, you might be (run by) a redneck.
    -intern

  11. 11
    Posted by guest | June 19, 2009 at 10:25 AM

    I am a banker in North Carolina
    I hope all you New York bitches are enjoying your terrible weather, ugly bitches, and unemployment.
    I’m going to keep fucking farmers daughters and counting stacks.

  12. 12
    Posted by guest | June 19, 2009 at 10:25 AM

    Next time I got to Burger King to buy a Whopper, I’ll think twice and buy a share of C instead. And that will be good for my diet. Thanks Dick!

  13. 13
    Posted by guest | June 19, 2009 at 10:29 AM

    @12 Women in New York may be ugly, but at least they’re easy

  14. 14
    Posted by guest | June 19, 2009 at 10:31 AM

    Why is it that when I look at Bove I imagine him saying, “Suck it, Trebeck”?

  15. 15
    Posted by guest | June 19, 2009 at 10:42 AM

    http://www.youtube.com/watch?v=tlTCu0wDczc&feature=related

  16. 16
    Posted by guest | June 19, 2009 at 10:44 AM

    BLANUS?

  17. 17
    Posted by guest | June 19, 2009 at 10:47 AM

    -@12
    Dear Banker in North Carolina
    What is a Banker in North Carolina?
    Love from NY

  18. 18
    Posted by Uptown Blumpkin | June 19, 2009 at 10:52 AM

    @ 18 – owner of Lincoln Navigator with WALL $T vanity tag and a NASCAR sticker on top of a tinted window who pays $120/month to park underneath BAC trading floor.
    I keeed, I keeed…

  19. 19
    Posted by guest | June 19, 2009 at 10:57 AM

    Housboat on Gowanus >
    Tent in Bushwick backyard >
    FOB in Afghanistan >
    NJ >
    Charlotte

  20. 20
    Posted by guest | June 19, 2009 at 11:04 AM

    The jealousy of you New York bankers is apparent.
    I spend half of what you do on rent, on a mortgage.
    You ride a subway full of homeless people, my car is paid off.
    You work 80 hour weeks and crawl home into your shitty apartment and jerk off, I leave at 5pm, go to the bar and get some sluts drunk (1 beer + 2 cosmos = 10 bucks) and for 50 bucks get my dick wet before I stroll into work around 9:30.
    Enjoy “killin’ it” you unemployed pansies

  21. 21
    Posted by guest | June 19, 2009 at 11:07 AM

    I went to Hofstra and now I live in Merrick.

  22. 22
    Posted by guest | June 19, 2009 at 11:10 AM

    Ha Haaa Ha Haaa Haaaa. ROFL.
    Great comeback. That’ll show ‘em

  23. 23
    Posted by guest | June 19, 2009 at 11:13 AM

    @21
    Is that you Ken Lewis?

  24. 24
    Posted by guest | June 19, 2009 at 11:16 AM

    @24
    Can’t be, BAC/ML block Dealbreaker

  25. 25
    Posted by guest | June 19, 2009 at 11:19 AM

    I live in Williamsburg.
    Hippster Killing It

  26. 26
    Posted by guest | June 19, 2009 at 11:26 AM

    Too big to fail doesn’t mean your equity won’t get wiped out, ass wipe.

  27. 27
    Posted by guest | June 19, 2009 at 11:50 AM

    21 FTW!

  28. 28
    Posted by guest | June 19, 2009 at 12:41 PM

    NC Banker does have a point, now that there’s no bulge brackets for prestige…

  29. 29
    Posted by guest | June 19, 2009 at 12:45 PM

    NC Banker does have a point, now that there’s no bulge brackets for prestige…

  30. 30
    Posted by guest | June 19, 2009 at 1:26 PM

    @21, sonned you hacks. Drivin’ F150s with confederate flags in the window is the new killin’ it. Get used to it.

  31. 31
    Posted by guest | June 19, 2009 at 1:49 PM

    What is this fucking nonsense? Fuck north carolina

  32. 32
    Posted by guest | June 19, 2009 at 2:25 PM

    What they call bankers in noth Carolina we call tellers

  33. 33
    Posted by HeadlessHorseman | June 19, 2009 at 2:33 PM

    Dick Bove looks like Yoda with pinned back ears and a tan.

  34. 34
    Posted by guest | June 19, 2009 at 2:37 PM

    What they call bankers in NY we call winning my 10% unemplomyment bet on intrade

  35. 35
    Posted by guest | June 20, 2009 at 5:59 PM

    “Dick Bove wakes up on a Friday”
    Greg, did Vikram call him or nudge him?

  36. 36
    Posted by guest | June 21, 2009 at 12:37 AM

    @ 33- Learn to spell. It is ” north” not ” Noth”

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