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With Citibank charging $3 for ATM fees at their E 86th / Lexington branch, I could have purchase 1.6 shares of the glamorous Citigroup common stock instead – although I think the end result would be the same. Quite telling isn’t it. Citigroup common stock is trading as if the company will be nationalized, and is basically a call option right now. At $1.90/share, the fee they charged me to take my money out of their amazing, technically superior ATM machine, could have been spent purchasing 1.6 shares of the common stock!

I don’t know why I posted this.

Call Now