I bought in at $3 thinking, AIG would sell some of its units, pay down its debt, which would send stock to $5-6 within a few months. What the hell is happening? I haven't had time to follow in last months because I like most Americans are busting my ass trying to keep the job i have.
We are in a depression. There is nobody to sell the units to at a reasonable price because the buyers know that waiting will get them a lower price. This is the end of Wall Street as we know it. Get it?