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Old 06-01-2009, 04:23 PM   #1
pallidamors
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Default Buy AIG Stock?

Its around $1.60 a share...good time to pick some up or is it a sinking ship? OT financial experts in!!!
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Old 06-01-2009, 04:35 PM   #2
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yes, you should buy a ****load of it.

what could possibly go wrong?

GM, too.

always look short term.
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Old 06-01-2009, 04:44 PM   #3
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thanks red!!! I just bought 20k worth
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Old 06-01-2009, 04:49 PM   #4
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Haha...

I honestly don't know about AIG. If you are seriously considering it; do some major, major research. Don't be like the idiots that bought GM at $1.50 because that was a company to big for bankruptcy.
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Old 06-01-2009, 04:53 PM   #5
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I did fairly well on American Axle today, 600 shares at 2.04 this morning and sold this afternoon for 2.52...not bad for a day's work
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Old 06-01-2009, 05:00 PM   #6
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buy high, sell low
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Old 06-01-2009, 05:18 PM   #7
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thanks torino
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Old 06-01-2009, 06:42 PM   #8
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hows about **** the stcok market

in reality, it serves no purpose












**hides in bushes with tub o popcorn to watch ensuing fight**
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Old 06-01-2009, 06:50 PM   #9
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I did fairly well on American Axle today, 600 shares at 2.04 this morning and sold this afternoon for 2.52...not bad for a day's work
Watch out; it's very hard to actually turn a profit day trading.

Not too bad, a good $200 profit though after taxes/commissions. AA was a pretty risky stock pick though.

I'd suggest joining a Stock Market forum as well. Definitely more help there than on some back woods Mustang Forum filled with commies and 16 year olds.

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buy high, sell low
This.
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Old 06-01-2009, 06:54 PM   #10
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well I guess I've been luck the last few times. I have about 2k in a scottrade and about 12k in my fidelity IRA. My IRA was down to about 5k a few months ago and its now at 12k....I bought 1000 shares of American Axle for 1.50 a share and sold it for 4.28 a share. (made a thread on here to celebrate lol) and today I sold 800 of the 1000 shares of office depot I had in my IRA. Cost 2.41 a share, sold today for 5.32 a share...
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