Posted by: incrediblesuperbatma April 17, 2009
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Again if you try to evaluate Citi share price using free cashflow model, which I haven't done yet, I'm quite sure that they are overpriced at the moment. Profit doesn't mean the company will survive, its the cashflow that is lifeblood of a company. For me, I would suggest people to invest in discount retailers in the time of recession.