Is There Such A Thing As A Blue Chip Stock Anymore? - AVC

On friday, we saw Citigroup do a recap and dilute the common stockholders significantly and we saw GE cut their dividend by 2/3 to conserve cash. Both stocks are trading at below $10/share and are ...

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Is There Such A Thing As A Blue Chip Stock Anymore? - AVC

Source: AVC

On friday, we saw Citigroup do a recap and dilute the common stockholders significantly and we saw GE cut their dividend by 2/3 to conserve cash. Both stocks are trading at below $10/share and are at fifteen year lows. There's a significant chance that the common stockholders on Citigroup will end up with nothing if […]