j0n - still talking to your aliases I see. I was in from early 20's out at 56 and change and back at 57 out again at 60.50. You guys are playing options and warrants and that is your prerogative. On different posts over time you say you are not a lawyer and above you say you are not a T/A guy so why don't you save your opinions for what you do know. I would say you or either a T or an A. Truth is this is potentially a great story waiting to happen. Its probable AIG will be on the hook for 5-8 Billion from the Greenberg suit and not at all clear how the indemnification will work base on the determination of negligence involved. than $25B is not beyond the realms of possibility. The current SP is still only 10% up over the past two years so the jury is still out on Hancock's performance. To the average investor reading this my only recommendation is to be cautious until the Starr verdict is in. After that, AIG is a great long term investment. Toodles j0n :-) and good luck to all not paid posters!
dg818, glad you came out of the closet in support of your coworkers at j0n_41984, sew1959, nei, investment_noiq_tw and the other half dozen aliases at your trolling firm. You all seem adamant that you can't time the market which is evidently in support of your paymasters position (Warrants officially and more likely Options). You can certainly time significant events related to material lawsuits. Think Greenberg and Starr. There is substantive risk involved holding AIG prior to Judge Wheeler's determination (likely June). Trimming exposure to AIG prior has the potential to avoid significant downside to one's portfolio and, if prepared to jump back in afterwards, prevent significant upside from a later bounce. You say you are 74 years old and are still spamming the boards. If you had timed the market in 2008 (like many folks I know did) you would be sitting in your Florida retirement home already :)
It cracks me up j0n_48195, orthokneepa, investment_no_iq_tw that you use the nei alias to respond to this spam post. A trolling agency is what you are and I see 8 of your commonly used aliases with a handful more coming out on special occasions. The premise of the above post is not at all as clear cut as your paymaster would have us believe. The indemnification language is broad and as long as any fed didn't breach the Gross Negligence standard then AIG could be on the hook. Negligent acts committed in good faith would still trigger the indemnification. This is a fascinating case that can go either way though you and you aliases would have investors believe its a done deal the gvt. would be on the hook. Take a hike from the board you effin spamming trolls :)
I'm sure your toll synonym can make your case. Face up to the real risks involved in AIG over the medium term ortTake a hike you loser...
God, you guys are out in foce. If your paymasters allow, why not talk to the board after teh Starr verdict. You know you are putting average investors (including pensioners) money at risk with your garbage..
You said two mos. ago you were no expert in law so you are welcome to take your chances, or should I say your employer is. What I find disturbing is you say there is no other similar situation in the past where the Gvt has indemnified. Well, my friend, there has never been a situation similar to this in the past and the public would have little issue with the gvt seeking indemnification from AIG. Even though the shareholders are largely different now, the Dems would probably garner votes in the next election for so doing. One thing is for sure, the gvt defense lawyers are positing themselves to argue for indemnification should they lose. Take a hike you scammer and don't eff around with retirees' investments when there is material risk surrounding this case.
Hard to believe you trolls are still on here pumping your paymaster's position, particularly the warrants. AIG has been stubbornly range bound for 18 mos. I got in at $23 and out at $56 and do think this has room to run...eventually. The pending Starr lawsuit meand this can go back to the low $40's in a flash. The slowness Handcock's turnaround efforts concerns me greatly. Coming from the fin engineering area I like his ideas though anyone familiar with the insurance field understands the tails involved has caused the business to be more deal and share oriented than other sectors. I will jump back in for the long haul once Starr verdict is in. Otherwise, to Joe Investor, please for your own sake only buy what you can afford to use. Still speculative for the next few mos. Good luck to all, with the exception of small time HF trolls :)
Agreed, though not a sniff of an Apple tv rumor from the supply chain which would be unusual if in the works. My point is that Munster has no (or less than) credibility on matters Apple and his commentary generates significant skepticism among shareholders. Remember his $1000 apple call in January 2013 when ~ $700. Not too long after that Apple's SP was under $400 - and that was a drop specific to Apple, not the market. Surely I can't be the only one with the urge to hit the sell button whenever Munster opines on Apple?
The Plied Piper who cried Apple TV is at it again. This is now year six of Munster's 12-18 mo prediction...can someone please replace this analyst or better yet replace the HR department at Piper! Its really kind of funny...
Actually, make that 2.38am - working late my #$%$...unless you work at McDonalds or are a paid troll. Zero doubt you are a troll my dear j0n so eff off this board. You and your aliases are over paid as its way to easy to call you out. I laid out in detail, inclusive of AIG's own description of material risks, the specific issues that should cause serious investor concern prior to Judge Wheelers determination. As I said before, your employers will soon tire of your posts getting usurped with the truth and dump your sorry self from the payroll. Kisses :)
j0n_48195, you responded to my post at 2am on a Tuesday morning...and you say trolling is not your job??? You and your dozen or so aliases must be the top spammers in the boiler room. Two of the key issues for indemnification invocation revolve around gvt's gross negligence and wilful misconduct. Gvt appears to be prepping for this eventuality by arguing a lower standard of negligence and that their conduct was in good faith. Note that the gross negligence standard is famously difficult to litigate. There are also important questions to the 5th amendment and gvt overreach which are more difficult to call. My guess is there will be a determination the then AIG shareholders suffered no loss from the bailout (vis-a-vis the 80% gvt shares) given bankruptcy was the alternative and; AIG will be liable for the punitive interest it charged on its gvt bailout money (say $5B-10B). Further, its a toss up whether the gvt seeks to be indemnified for this amount.
Whichever way you cut this action there is a very real possibility of a "material adverse loss due to gvt. indemnification requiring reimbursement of damages" (AIG's words not mine). Its obscene that trolls like yourselves can write the Starr suit off as a non-event. My little goal is to shine a light on you roaches so Joe average investor doesn't fall for your propaganda and be left holding the bag. This is a slow moving turnaround which is not going to take place within the next four months. My advice to avoid losing up to half your principle is to jump in after verdict reached.
Seems like this ~ $20B (currently) tax loss credit exception was allowed because someone at the FED was expecting a successful suit against AIG. The Gvt has strong indemnity language and, according to law reviews, there is a 50/50 chance Starr and Mr Boies will be successful in their pending action. Interesting to see what the effect would be to to AIG's SP when verdict announced in the coming months. Warrant holders must be krapping themselves in the interim. AIG has been tightly range bound for 18 mos. and depending on results of this case it can double in a year or drop 50%. I'm in after the verdict as the very long haul looks promising but short term only mick mouse hedge funds are trading around the event. Take away...wait until this case is resolved before betting the farm.
j0n_48195, trying a different tack are we. I have been on this board for years, as much for a laugh as anything else but must say I am sick of you spamming the effin thing thereby ruining it for everyone else. I have had this very same conversation with your other aliases, Caction_alpha and investment_iq. Same approach as now too, trying to legitimize a spamming confrontation into a supposedly legitimate argument, My point is your are trolls and yahoo should remove you from the boards lest they get any worse. If anyone is actually reading this, just check their historical posts and you will see all the above names stroking each other with support in reply. Take a hike :)
Oh, have I hit a nerve j0n_48195 or which one is it...iq_investment_tw. One alias pumping for a little fund? Explains why you are trolling the boards in support of your paymasters positions. How can anyone possibly take you seriously when your job is to post drivel on here 24/7. You and your synonyms are effin pond skum! Kisses :)
My oh my, you are very active and protective of the board for someone who says its of no use. I have no agenda other than to say to advise the average investor on here to put you and your captioned synonyms on "ignore". AIG has been dead money for 18 months and its unlikely to come into play anytime soon. When it does I'll be back in but it certainly won't be until after the Fed meeting on Wednesday! More likely an August event for me.
Why are you and your synonyms crawling the boards 24/7 if nobody bases their decisions on comments made here. Evidently, someone is wasting their money paying your boiler room to troll here pumping their agenda. Begone weasels!
To those unfamiliar with these pages, I strongly recommend ignoring any advice from these names. They never advise to sell just that we hold AIG stock indefinitely. Play with options while the SP stagnates is their advice (no SP movement in 18 mos). Seek out recommendations elsewhere, rather than from this boiler room mob. Best of luck to all and mind out for Fed next Wednesday!
Nice try! Investment is near flat over the past several months is it. In January it dropped to $48 (over 15% drop). Curious to know the number you would sell at? Knowing that a real threat to AIG's balance sheet is in the hands of the courts is it your recommendation that people just hold and potentially watch 30% wiped off the SP. You really are a scumbog misleading average investors on this board. Begone!
Well you and your boiler room buddies j0n_41895 irepoyou2 and kbhhkmartz seem to think it affects the SP. Or should I say your paymaster thinks so. I would love to know how much you get paid to spam this board. Begone you snake oil salespeople!