Volume Spike Investor

Citigroup, Inc. (NYSE: C) reports earnings this week and has already recovered over 300% from its lows.  But few analysts have gotten behind it in support of the stock.  This morning we have Deutsche Bank that initiated a BUY rating and a $5.50 price target.  Shares are up 1.2% at $4.83 on 15 million shares as of 8:58 AM EST.  Prior highs were $4.84 on Sept. 30, which was also its closing price and recently the highest close.  Back in August this did break above $5.00 briefly and closed at $5.00 or higher on three days that month.
JON C. OGG
OCTOBER 13, 2009