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Is AIG stock a good buy right now?

Posted on 9/19/08 at 9:21 am
Posted by Chad504boy
4 posts
Member since Feb 2005
176014 posts
Posted on 9/19/08 at 9:21 am
I know a lot of people who have done so.
Posted by ChollyMacTiger
Member since Aug 2008
121 posts
Posted on 9/19/08 at 9:22 am to
whats a good bet is that the ot isn't the place to seek such advice
Posted by Chad504boy
4 posts
Member since Feb 2005
176014 posts
Posted on 9/19/08 at 9:22 am to
Oops... thought I had money board. Can admin move please.
Posted by Chad504boy
4 posts
Member since Feb 2005
176014 posts
Posted on 9/19/08 at 9:23 am to
quote:

whats a good bet is that the ot isn't the place to seek such advice


i know.
Posted by terd ferguson
Darren Wilson Fan Club President
Member since Aug 2007
113903 posts
Posted on 9/19/08 at 9:23 am to
Is this like when all those people were buying Iraqi dinar hoping that it would make them rich?
Posted by Chad504boy
4 posts
Member since Feb 2005
176014 posts
Posted on 9/19/08 at 9:26 am to
quote:

Is this like when all those people were buying Iraqi dinar hoping that it would make them rich?


AIG stock is so low... you are nearly guaranteed some type of good return. Thats my opinion but I don't understand all that crap.
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
89762 posts
Posted on 9/19/08 at 9:28 am to
their insurance book is solid and is very profitable

Posted by McLemore
Member since Dec 2003
34760 posts
Posted on 9/19/08 at 9:31 am to
quote:

AIG stock is so low... you are nearly guaranteed some type of good return. Thats my opinion but I don't understand all that crap


whoah.
Posted by bovine1
Walnut Ridge,AR via Tallulah,LA
Member since Dec 2004
1354 posts
Posted on 9/19/08 at 9:38 am to
You better check the bailout provisions. I think there is a provision for the gov. consuming the other 20% equity depending on the loan performance quarterly.
Posted by Putty
Member since Oct 2003
25895 posts
Posted on 9/19/08 at 9:44 am to
quote:

AIG stock is so low... you are nearly guaranteed some type of good return.


I have some pine needles in my back yard that I will sell you for a tenth of a penny each ... at that price it's a no brainer
Posted by Herb
Amite LA
Member since Dec 2003
6528 posts
Posted on 9/19/08 at 10:41 am to
quote:

I have some pine needles in my back yard that I will sell you for a tenth of a penny each ... at that price it's a no brainer
Damn! I want all you have. Start counting.
Posted by Chad504boy
4 posts
Member since Feb 2005
176014 posts
Posted on 9/19/08 at 12:15 pm to
I don't understand the rational. ITs about $2 something plus right now. You either think its going to get back to some normalcy or you think its going under. I don't think AIG is going under especially with the gov't already bailed them out. Whats the downside here?
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 9/19/08 at 12:44 pm to
quote:

Is AIG stock a good buy right now?


If you pay taxes, you are already very long AIG.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
56888 posts
Posted on 8/28/09 at 8:40 pm to
guess they lost out.
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