We recently updated our analysis to account for the merger and subsequent reverse stock split.

FORBES: Duke Worth $70 On Merger Synergies, Improving Margins

When Citigroup (C) goes through its 1 for 10 reverse split, both technical analysts and high frequency traders will be making adjustments.

FORBES: The Effects of Citigroup Volume Shrinkage

The time for a reverse split is when there are real earnings and you would want to make them appear larger when spread over a smaller share count.

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