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Sold 500 Shares of C at 1.45

March 2nd, 2009

I sold off my Citigroup speculation this morning at 1.45 per share. After we didn’t see any improvement or positive news over the weekend I decided it was time to let this one go.

I still expect to see a short-cover rally (there are 182 millions shares short according to shortsqueeze.com), but there is probably plenty more downside before that will happen.

Realized a loss of -$134.02, for a return of -15.73%.

C, Sell

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