Jim Cramer reiterated his buy call on Citigroup’s secondary shares, urging viewers to “buy the heck out of them.”
“Citigroup is the ultimate $3 call,” Cramer said, bucking the overwhelmingly negative response to Citi's offering. “I have rarely ever seen an option as good as this one on a turnaround between now and 2012.
He also chided the government for not selling its stake in Citi when shares were near $5.