Not everyone was impressed with the reinstated dividend and reverse stock-split announcement.

“A lot of it was due to the low price, they want to make it more attractive,” said Matt McCormick, a portfolio manager at Cincinnati-based Bahl & Gaynor Investment Counsel, which owns bank stocks but not Citigroup. The reinstated dividend and the reverse split together are “a token,” he said. “It’s not enough for me to express interest in it.”

Vikram dressed as a candy striper and handing out free 100 Grand bars would be a good start though. Would at least get him to think about reconsidering things.

Citi To Resume Dividend [Reuters]

84 comments (hidden to protect delicate sensibilities)
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Comments (84)

  1. Posted by UBS Sucks | March 21, 2011 at 3:53 PM

    Candy the stripper > candy striper > Harvard extention school

  2. Posted by Guest | March 21, 2011 at 3:55 PM

    This all sounds so OTC Bulletin Boardy.

  3. Posted by Guest | March 21, 2011 at 3:57 PM

    We’re advising all of our clients to buy Citi on this news. The reverse split will create scarcity value in the name.

    – Guerriero Wealth Holdings Quant

  4. Posted by Covey 01 | March 21, 2011 at 3:57 PM

    I wonder how Vikram would look like if he did a reverse stock-split on him self while stuffing a candy cane (up his ass = dividend) while pucking up grand bars?

    Just a thought with a lot of mental pictures

  5. Posted by Covey 01 | March 21, 2011 at 3:57 PM

    I wonder how Vikram would look like if he did a reverse stock-split on him self while stuffing a candy cane (up his ass = dividend) while pucking up grand bars?

    Just a thought with a lot of mental pictures

  6. Posted by Anonymous | March 21, 2011 at 4:05 PM

    Getting promoted to CEO after your firm writes off the $800mln it spent within 11 months of purchasing your hedge fund
    > selling Broadcast.com at the internet bubble peak
    > getting the chance to blow-up investors over and over like Meriwether

  7. Posted by VP | March 21, 2011 at 4:05 PM

    But wait there’s more, not only do you get the 10 to 1 reverse split and the 1cent dividend, if you act right now, we will throw in a name change to Primerica.

  8. Posted by Maria's Ass | March 21, 2011 at 4:22 PM

    Last time I did a reverse split was at 36,000 feet

  9. Posted by Cheesy | March 21, 2011 at 4:33 PM

    He needs to show more pussy and put out more. What does Indian pussy taste like anyway?

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