Thoughts…Im thinking about picking 500 shares or so…thoughts…?
Better odds than vegas. If you can risk $1500, then why not. But it’s purely a gamble. The bottom line is that if Wall Street thought that it was worth something, then the price would already move up. Mr. Buffet thinks Goldman is the better bet.
quote:
Originally posted by skinneejBetter odds than vegas. If you can risk $1500, then why not. But it’s purely a gamble. The bottom line is that if Wall Street thought that it was worth something, then the price would already move up. Mr. Buffet thinks Goldman is the better bet.
Took the plunge!!! 510 shares worth. Got out of some stagnant stocks that werent going anywhere in the 10 years Id owned them anyway…time for some fun!!!
Dave
Go Tigers!!!
I can picture you with hands together with a pair of dice, waiving them around yelling “COME ON, BIG MONEY!!! BIG MONEY!!!”
quote:
Originally posted by skinneejI can picture you with hands together with a pair of dice, waiving them around yelling “COME ON, BIG MONEY!!! BIG MONEY!!!”
Not sure how long I will ride it…guess will see what happens once the fed BOP is finalized. A LOT of speculation right now…some saying 10-15 by Oct…we shall see…
Dave
Go Tigers!!!
I bought 650 shares late last week when the price was in the low $4’s. I was up ~$500 on Tues., now I am down ~$250:angry:. A co worker bought $4K worth when it was around $2.60 so he’s still ahead.
Some say even a Fed. bailout will not help this company as they are so large, but considering they are diversified, I think they MAY pull through with or without assistance.
Also, one of my guys who covers KY/TN was at the TN/FL game and ran into another loss control guy from AIG. He told my guy that he bought $30K of AIG stock when it hit bottom and said AIG is still a strong company and that he was not worried at all. He said that will likely be the best retirement investment he’s ever made. Let’s hope so!
On a side note, our underwriting dept. got swamped with calls last week when agents representing insureds of AIG wanted to move their Workers’ Comp. and other coverages. The next day when the feds announced a “bailout”, the calls almost stopped! We still have a few coming in here and there, but not like it was early last week! Thank GOD!
So far so good today…I put in a stop loss order, too, so Im not that worried. IF it goes back down, I will be covered and then rebuy more. This company is not going anywhere. Almost cresting to $4…so far.
Dave
Go Tigers!!!