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Old 09-17-08, 07:42 PM   #1
jjgold
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Default Is AIG A Good Buy?

Gov't took it over and cannot go bankrupt now

I say BUY
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Old 09-17-08, 07:43 PM   #2
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Your 2 dime rug is hideous.
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Old 09-17-08, 08:22 PM   #3
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wasn't freedie mac bought out by the govment? they are trading at 43 cents
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Old 09-17-08, 08:44 PM   #4
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Come on JJ, your smarter than this.
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Old 09-17-08, 08:55 PM   #5
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Quote:
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Come on JJ, your smarter than this.
Give the coach a bit of credit here sir. He's a wallstreet giant.
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Old 09-17-08, 08:57 PM   #6
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I have heard JJ used to be a good stock picker at MW or somewhere.
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Old 09-17-08, 08:57 PM   #7
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lets buy them coach what is it at 15c
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Old 09-17-08, 09:18 PM   #8
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im sure a bunch of folks bought yesterday when it was it was around 2.25. went up to around 3.75 and then dropped 45% today. aww wtf, i may drop a few dimes on it but i was told the only people who are buying it are people who have too much money to burn. that aint me but ive done dumber shiit with a few dimes
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Old 09-17-08, 11:00 PM   #9
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I might buy 2000 shares, seems like a safe play.
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Old 09-17-08, 11:05 PM   #10
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Quote:
Originally Posted by jjgold View Post
I might buy 2000 shares, seems like a safe play.
Built in stop loss if it hits zero.
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Old 09-17-08, 11:26 PM   #11
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JJ, your wrong.

AIG is still goin to 0. The govt lent them this money to hold them over to organize a sale of all their holdings. Did you know the 85billion loan was fwith 8% interest. Yikes!
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Old 09-18-08, 12:37 AM   #12
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Lehman brothers is a better buy JJ. I'd say get in around 9 cents.
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Old 09-18-08, 04:44 AM   #13
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you can't be serious. Explain how they are going to generate 85 billion dollars with interest to make the investors happy?
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Old 09-18-08, 04:47 AM   #14
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They are going to sell lots of assets, secondly they took an extra 15 billion that they did not leave from gov't to play with
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Old 09-18-08, 05:46 AM   #15
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Quote:
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They are going to sell lots of assets
this
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Old 09-18-08, 07:36 AM   #16
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I hope so since we all now own a tiny little sliver of it
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Old 09-18-08, 08:27 AM   #17
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JJ remember AIG still is obligated to pay back that 85B even if they do go back up to being successful... I wouldn't want a company i own stock in to have accounts payable of that high...
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Old 09-18-08, 08:43 AM   #18
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How the fuk can you be 85 billion dollars in debt? You can buy all the teams in the nfl and still have over 50 billion left.
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Old 09-18-08, 03:30 PM   #19
jjgold
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We bought 2,000 shares today

Lets see what happens, cannot get hurt
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Old 09-23-08, 09:36 AM   #20
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jj, how much did you get and at what price?
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Old 09-23-08, 09:58 AM   #21
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AMER INTL GROUP INC(RT-ECN: AIG)
Last Trade: 5.56
Trade Time: 10:57am ET
Change: 0.84 (17.80%)
Bid: 5.55 x 18713
Ask: 5.56 x 1400


JJ, when would you sell? When you hit a certain percentage profit or you long term?
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Old 09-23-08, 10:02 AM   #22
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Want more control over the chart? Try our Interactive Chart.

I hope JJ got in under $3, nice profits!!
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Old 09-23-08, 10:51 AM   #23
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This was the steal of the century

It is still a great buy and going go at least 20 in a year
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