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The arguments about the value of shares in Citigroup (NYSE: C) rage back and forth most trading days. The shares can run up or run down 15% during any given market session.

On days when it looks like American banks will be bailed out with common shareholders remaining intact, Citi runs up. On days when nationalization of the banks seems more likely, it heads toward new lows.

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The case against Citigroup's (C) value grows originally appeared on BloggingStocks on Fri, 13 Feb 2009 09:25:00 EST. Please see our terms for use of feeds.

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