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Monday, January 17, 2011

Citibank

Q4 2010 earning released at 18 Jan 2011, fall short of expectation, price drop 4.7%!

should look at its business future ... Original buy only looked at its far low price after crisis as compare with history. But it should be new valuation after crisis, only good quality management and competitive advantage can justify the upside potential. So I just overlooked the business itself. Not a good buy!

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