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Started By
Message
AIG
Posted on 9/25/08 at 10:15 am
Posted on 9/25/08 at 10:15 am
Buy or to not buy? Is it to unstable to buy?
2
Posted on 9/25/08 at 10:50 am to bubbz
I was just wondering the same thing.
Posted on 9/25/08 at 11:13 am to DrunkinTiger
well i think lehman brothers might be interesting as well. They bottomed out earlier this week and is back on the rise. Up 108% as of a few minutes ago trading around 26 cents a share
Posted on 9/25/08 at 1:24 pm to bubbz
I put a significant amount of money in it at lunch, my stock broker bought some for himself the other day, he thinks that it can be great in 6 months or longer.
hell, if it blows I can sell and write off up to $3,000 of the losses.
hell, if it blows I can sell and write off up to $3,000 of the losses.
Posted on 9/25/08 at 3:57 pm to ShreveportTIGER318
are you fairly confident shreveport in him?
Posted on 9/25/08 at 4:32 pm to bubbz
yes, he is older but not too old, he is rather aggressive for an old schooler and is on top of contemporary economics, has a lot of experience and I really trust his opinion. he usually tells me to put a conservative amount into a stock, but this time he had me buy more than usual.
The fact that he bought it himself sold me too.
The fact that he bought it himself sold me too.
Posted on 9/25/08 at 5:44 pm to ShreveportTIGER318
i made some money this past week with it. I cashed out my initial investment and I'm going to keep the profits in for a couple months. Financial stocks should see a boom when the bailout is signed off on, be AIG is still a risk. It could be up to 10 by the end of the month, or it could be worth well under a buck.
Its a risk, but it has plenty of upside. It also dropped 30 something percent the past two consecutive days, so if you're going to give it a shot, tomorrow is the day to do so...
Its a risk, but it has plenty of upside. It also dropped 30 something percent the past two consecutive days, so if you're going to give it a shot, tomorrow is the day to do so...
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