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Old 09-02-2009, 09:40 AM   #1
webair
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AIG is on fire!

These are the times to create wealth!
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Old 09-02-2009, 09:41 AM   #2
DamageX
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Out of thin air, yep.
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Old 09-02-2009, 10:02 AM   #3
HomerSimpson
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winter is near by
bears are going to winter sleep
bulls are getting ready to take over
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Old 09-02-2009, 10:02 AM   #4
xxweekxx
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u mean buy or sell?
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Old 09-02-2009, 10:08 AM   #5
webair
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u mean buy or sell?
Tough question at this point its already up A LOT, but could go way higher. Do some research. I like HIG as well.

At your own risk =)
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Old 09-02-2009, 10:18 AM   #6
kristin
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Oh good, all the execs will get dividend payouts again. Well done AIG.
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Old 09-02-2009, 10:19 AM   #7
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How low was AIG at the bottom?

People dreamed about buying in but never took action
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Old 09-02-2009, 10:57 AM   #8
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It's been a crazy ride. Don't put your eggs in one Government Basket. This could be good and bad.
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Old 09-02-2009, 11:00 AM   #9
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I thought this was related to the LA wildfires. I wasn't quite sure how to feel. Good luck.
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Old 09-02-2009, 11:04 AM   #10
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yeah...amazing how it went from $6 to over $50 within a few months..
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Old 09-02-2009, 11:07 AM   #11
Kard63
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You should already be entirely out.
Put 20% back in at S&P 962
15% more at S&P 952
15% more at S&P 942

from there it will probably go back up and you'll have 50% cash but if it doesn't:

10% more at S&P 922
10% more at S&P 902
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Old 09-02-2009, 11:12 AM   #12
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Hey hey hey people, don't forget there was a reverse stock split. When AIG was $2 it did a 20-to-1 reverse stock split. So you owned 1/20th as many shares but each share was worth 20 times more. From there it dropped to $9, then shot up to $50, plummeted to $35 over the last few days, and is up $3 a share for today to put it at $39.
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Old 09-02-2009, 11:13 AM   #13
96ukssob
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its up 8.75% today.

damn, still wish I would of got my funds in time to scottrade to buy it at $7
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Old 09-02-2009, 12:48 PM   #14
shageman
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Yea the reverse stock split sucked some fucking balls thou
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Old 09-02-2009, 12:58 PM   #15
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Hey hey hey people, don't forget there was a reverse stock split. When AIG was $2 it did a 20-to-1 reverse stock split. So you owned 1/20th as many shares but each share was worth 20 times more. From there it dropped to $9, then shot up to $50, plummeted to $35 over the last few days, and is up $3 a share for today to put it at $39.
Yeah, adjusted for the 20-1 stock split, the stock at $37.71, where it is at this moment, is equivalent to $1.88. Funny, how those reverse stock splits get people excited with the big numbers. I guess that's the point of doing it lol

$180 billion owed to the gov. They have a $6 billion market cap.

Disclosure: I have puts.
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Old 09-02-2009, 01:15 PM   #16
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You didn't see this coming? This shit was planned from the get-go.
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Old 09-02-2009, 11:51 PM   #17
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Wish I got in on the early ride
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Old 09-03-2009, 01:35 AM   #18
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Yea the reverse stock split sucked some fucking balls thou
Very true but that is what has caused this short squeeze.

If you are playing this stock short term you are late to the party. If you are thinking of holding for years you can buy on the dips.
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Old 09-03-2009, 01:52 AM   #19
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Fuck AIG and good luck to all you buyers out there dont complain when you take a hit a few weeks down the road...
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Old 09-03-2009, 02:34 AM   #20
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yeah...amazing how it went from $6 to over $50 within a few months..
You mean how it went from over $ 600 (using reverse split converted amounts) to now $39?
Or how it went from $ 22 to $ 55 and now to $ 39? 100% of nothing is still nothing.
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Old 09-03-2009, 03:05 AM   #21
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heheh .... this is gonna be fun to watch ;)
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Old 09-03-2009, 09:15 PM   #22
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Still kicking myself
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Old 09-04-2009, 12:51 AM   #23
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i sold i got out!!! made a fucking killing
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