Citigroup looks like a prime candidate for HFT today.  Cheap stock price, high volume, early morning ramp then probable flatline around $3.15.  BTW, the HFT’s pay less SEC section 31 fees (which are based on market value of the transaction) when they traffic in cheap stocks which is why they tend to trade stocks under $5.

According to the Trade Idea Monitor from youDevise Ltd, a trade idea service for institutional investors and brokers, AIG today received the most short sentiment, as the leading sell recommendation from sell-side equity sales reps. We are watching to see how much lower the sentiment will go.

15

Jul, 2009

07

Jul, 2009

17

Jun, 2009