I have a lot of Citibank (C) and I think that they will see their way thru this as a company. However, the thing that bothers me relative to the share price is that the US Government has 7.5 billion shares, that's right 7.5 billion, that they are going to be selling at some point. Those 7.5 billion shares are a big headwind for the stock price unless the Govt can place them privately.
Notwithstanding the foregoing, I am long C in my Roth and I bought my daughter some a while back for her UGMA. FWIW, I also bought my daughter some AIG, Ford Motor Company, MSFT and CIT. The CIT got whiped out in their recent bankruptcy.
As far as personal investment strategy, I buy equities and write covered call options against the position (about 10% out of the money usually 2 months out depending on the premium). It juices your returns and provides an exit stratgey, which in my case,eliminates greed.