Recall that the government is planning a massive, year-long move to sell its 27 percent stake in Citigroup (NYSE: C). Does the recently priced Primerica IPO bode well for the coming stock sale? TheStreet.com apparently thinks so. The offering was priced on the high side and raised $320 million. It also managed to rise in the aftermarket.

Richard Bove (Richard Bove news) tells the news service that investors are going to line up for shares. "That view is a change from the general perception just months ago that the stake represented an overhang that would cap appreciation in the common shares until the government was able to exit."

Taxpayers are likely to fare well, as the government has reaped a $7 billion profit, on paper anyway. The government, via underwriter Morgan Stanley (NYSE: MS), may move to take advantage of this stock's strength to start unloading shares as soon as it is able to after earnings are released. Might as well strike while the iron is hot. 

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