Citi, AIG and others

Reply Subscribe

Thread Tools

Mar 20, 2009 | 09:57 AM

#11

Tark

Thread Starter

Senior Member

Joined: Jun 2004

Posts: 30,331

Likes: 0

From: Montréal, Canada

Quote:

Originally Posted by RB

Long term, yes. Short term, nobody really knows. Assuming Citigroup or AIG don't go under, their stock prices will rebound over the next 5-10 years.

I don't see AIG going under. Too much invested in it to let it go under IMO

Mar 20, 2009 | 10:45 AM

#12

F22B Prelude

Rachel Bilson

Joined: Oct 2005

Posts: 11,230

Likes: 0

From: South Bend/Walkerton, Ind

I bet their books are horrible....

Mar 20, 2009 | 10:57 AM

#13

Skelly_GSR

RB does men

Joined: Jan 2003

Posts: 11,997

Likes: 0

From: Pittsburgh

The government is running out of ammo to throw at this mess.

Mar 20, 2009 | 11:33 AM

#14

cobbcustomz

Senior Member

Joined: Mar 2002

Posts: 4,943

Likes: 0

From: Near Albany NY

I bought 150 shares of AIG @ .39 cents a share. I wish i had bought more at the time :happysad:

Mar 20, 2009 | 11:42 AM

#15

Skelly_GSR

RB does men

Joined: Jan 2003

Posts: 11,997

Likes: 0

From: Pittsburgh

Quote:

Originally Posted by cobbcustomz

I bought 150 shares of AIG @ .39 cents a share. I wish i had bought more at the time :happysad:

You will get a second chance, dont worry

edit: lol at 150 shares

Mar 20, 2009 | 11:46 AM

#16

F22B Prelude

Rachel Bilson

Joined: Oct 2005

Posts: 11,230

Likes: 0

From: South Bend/Walkerton, Ind

Im about to scoop up 2000 shares fo SIRI on Monday

Mar 20, 2009 | 11:55 AM

#17

Tark

Thread Starter

Senior Member

Joined: Jun 2004

Posts: 30,331

Likes: 0

From: Montréal, Canada

Quote:

Originally Posted by Skelly_GSR

You will get a second chance, dont worry

edit: lol at 150 shares

what do you base the additional dip on?

Mar 20, 2009 | 11:59 AM

#18

Nightshade

un-Touch'd krew

Joined: May 2001

Posts: 51,774

Likes: 1

From: My own level of hell

Quote:

Originally Posted by Tark

I don't see AIG going under. Too much invested in it to let it go under IMO

It could go down as an organization if the .gov decided to cut it up and sell it off.

A single entity with that much hold over a nations economy could easily be declared a national security risk and divided because of that risk.

__________________
"I'll keep my money, guns and freedom. You can keep the "Change."

Mar 20, 2009 | 12:03 PM

#19

Tark

Thread Starter

Senior Member

Joined: Jun 2004

Posts: 30,331

Likes: 0

From: Montréal, Canada

Quote:

Originally Posted by Nightshade

I agree that it coulod happen but why the hell would they do it now. if they were to divide the corp the gov would lose all of the money they put into it. they could hold on to it till the value bounces back a bit.

Mar 20, 2009 | 12:05 PM

#20

Skelly_GSR

RB does men

Joined: Jan 2003

Posts: 11,997

Likes: 0

From: Pittsburgh

Quote:

Originally Posted by Tark

what do you base the additional dip on?

This past two weeks have been nothing other than a bear market rally. No different than any other one. Just look at the volume over the last two weeks. very weak

Reply Share

First
Prev
2 / 3
Next
Last

Forum Jump