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invest Citi or AIG?

Posted on 3/5/09 at 7:29 pm
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23750 posts
Posted on 3/5/09 at 7:29 pm
AIG
2years ago: 50$ share
now: 35 cents

citi:
2 years ago: 55$
now: <1$


CAT might also be a good way to invest now with all the money that will be going to construction jobs



This post was edited on 3/5/09 at 7:31 pm
Posted by lsustockjunkie
Hick Town
Member since Feb 2009
16 posts
Posted on 3/5/09 at 8:20 pm to
Invest no trade yes.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/5/09 at 9:13 pm to
In one thread, you're saying its too risky to put anything in the market, in this thread, you're telling people to trade penny stocks?
Posted by SugarBeauxl
Chicago
Member since Nov 2008
1079 posts
Posted on 3/5/09 at 9:42 pm to
GE at $6 is a bargin.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/5/09 at 9:52 pm to
Oh rlys, what you basing that off of? Anything?
Posted by GeneralLee
Member since Aug 2004
13945 posts
Posted on 3/5/09 at 9:54 pm to
quote:

CAT might also be a good way to invest now with all the money that will be going to construction jobs


It'll be a year or two before they even get most of the environmental impact studies finished. Government incompetence at its finest.....
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15343 posts
Posted on 3/6/09 at 12:08 am to
quote:

Oh rlys, what you basing that off of? Anything?
1. he's heard of them. 2. It's 90% off its high .... it's bound to return to its high, right?
Posted by lsustockjunkie
Hick Town
Member since Feb 2009
16 posts
Posted on 3/6/09 at 11:59 am to
kfizzle85
The key word is TRADE here.I said the same thing in the other thread that the market is risky catch the day trend and trade not to invest.
Posted by Powerman
Member since Jan 2004
170477 posts
Posted on 3/6/09 at 12:00 pm to
quote:

GE at $6 is a bargin
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/6/09 at 12:45 pm to
Honestly though, do you think anyone asking you whether AIG or C is a buy has any idea how to actively play daily movements. Talk about a surefire way to blow a load of cash, especially with the kind of capital you need to put in on these fricks to make it worth your while. If someone asked me to make a list of things I would not do in this market, this would probably be the first one. Just sayin'
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