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American International Group, Inc. Message Board

  • yoonkibe yoonkibe Sep 6, 2009 10:28 AM Flag

    "AIG stock worth $0" I been hearing this for last 10 months

    Why don't you all pessimist shut up, and watch the company.
    In fact, I don't know why you guys are watching AIG so closely and posting messages when AIG is apparently not your interst.
    Please enough of "AIG worthless bu** Sh** crap".

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    • I just got on this board recently because I am a recent short (via puts). I think the jump to the 50's was very irrational and the jump was not due to any improving fundamentals.

      I've been making $ on AIG because it has fallen from the 50 level. So feel free to make fun of me but I will continue to watch this company until I close out all of my positions.

      I realyy feel AIG's common is not worth much and this stock only goes up due to a tulip craze phenomenon.


    • As one of "you all pessimist" (sic), I am indeed "watching" the company....

      And because of what I have seen, I think the stock price is headed south. And I say so. Free country and all that.

      And because one can make money either long or short, I have chosen to short, via puts.

      Does that answer your question?

      BTW, have you even bothered to read the SEC filings on your company? Or do you just "wish" your stock positions higher?

    • My prediction based on the following reasons is DOWN..
      Open = 38ish, Close below $35.

      (1) New CEO is not GOD, whenever new member join in the team they try to show their existence, how come he can make any statement, his statement was he was planning to pay out all Govt money! but he didn't say when!
      (2) The couple of days from then, he said, his assets are not worth in the current market , may be worth after 6 - 10 years, by that time he may be there with AIG as CEO!
      (3) He don't know what he is doing, changing statements in 2 days is not good sign.
      (4) Barron's and all other analyst including MadMoney / FastMoney / Moody has junk rating on AIG
      (5) Why..can some one explains me why needs to bet on junk stocks which can be up $4 a day and down $8 per day!!
      (6) Friday, market was up 100 pts but AIG was down 4.5%, in after hours also it was down another 33 cents which is telling us that it's down trend just started, so don't hope to see it's $55 in 2009 year!

      I am not holding AIG but I don't want to buy this stock due the the reasons mentioned above.

      Correct me if I am wrong.

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