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American International Group, Inc. Message Board

  • jianghaow jianghaow Nov 9, 2008 12:50 AM Flag

    I'll buy half million shares on Monday regardless of earnigs

    being good or bad. Why? Because I am pretty sure the loans will get restructured in order for AIG to survive, make money, sell some assets at fair market value, and then repay the loans. The government as the largest shareholder has every reason to do something beneficial to the company so that the stock price will go up. I've made lot of money on WB by using all of my money to buy at $.79 and then selling at $7.01 after the WFC deal was announced. This time I'll bet on AIG to at least triple my money and then retire. I don't believe diversification will make me rich in this environment.

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