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Friday, February 27, 2009

Bank Stocks 2/27/09 February 27, 2009

Today, 2/27/09, the bank stocks are tanking in pre market due to the Citigroup details that are coming out about the Government 40% stake.

Banking Stock Update - February 27, 2009 - Pre Market

Citigroup ( C ) - $1.50 Down 39.02% - Financial Stocks are tanking - new details on the Citigroup stake by the Government reveal that this company is toast and the Government has basically taken this bank over. Who will be next is the fear that is going through Wall Street this morning!

Bank of America ( BAC ) - $4.70 Down 11.45%
Financial Bull 3X ( FAS ) - $5.11 Down 12.50%
Barclays ( BCS ) - $5.28 Down 13.30%
Wells Fargo ( WFC ) - $13.10 Down 9.10%
Financial Bear 3X ( FAZ ) - $61.50 Up 12.84%

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