anyone else get in on AIG at $1?
 

http://finance.yahoo.com/q?s=AIG


I'm getting ready to retire off this shit!! even after their reverse split it dropped down to $7, $54 now and still climbing. It grabbed $11 just yesterday alone

I was gonna get in at $24 a couple weeks ago but etrade wouldn't let me sign up. I'm not very happy.

Suggest anywhere else a UK guy can buy AIG stock? Kinda new to it but I know I should be in on AIG!

Does that really fucking say $54? What the fuck!? I fucking knew I should have bought when it hit rock bottom...fuck.

$1.00 ... when did you get it at $1.00?

I thought I remember it going to like $1.26 but the lowest it shows there is $7...

20:1 reverse split...that $7 would have been 35 cents before the split

When was AIG at a buck?

Awesome investment...

Take the money and run. This is not a buy and hold stock!

June 30...$1.16..july 1 it split

Jesus, just noticed back in March too in 1 week it went from 8.20 to 32.40...major increases in this has to be 100% stock market manipulation right? I can't imagine many people are actually investing longterm into that shitty company.

10 months ago

edit...wait no, my brother bought it at like 1.45 about 4 months ago

not true...take a look at BAC, WFC, C, FNM...all these guys took tarp funds, now theyre starting to pay it back.

Bank of America was at 3.75 in march
citi 1.02 in march
Wells fargo 8 bucks
fannie mae 30 cents

take a look at all of these now. while everyone else was short selling these stocks, i was doing the opposite. Fannie can still be a good stock and very affordable right now

Imagine... if you had bought just $20,000 when it as at $1... you'd be a millionaire now.

So you are saying you got in the day before they split? Pretty lucky...Almost too lucky if you ask me ;)

BofA especially I can see though...even if they did take tarp funds, they were one of the strongest banks through everything. AIG had seemed to be in complete ruins and unless something has changed that drastically, it just seems ridiculous that it dropped so low ($7 post split) and has climbed back up this high. I guess a bunch of it could be from the overall increase in stock market too though.

I was saying to buy all of these stocks. That in the near future you would be rich. If I had not just move across country and used a good portion of my money doing so I would have bought a lot of stock...

Now I am just fucking kicking myself and want to go hop off the fucking roof.

Am I missing something? Wouldn't a 20/1 reverse split mean if you had 20 shares at that amount, it becomes 1 share at the new amount? If that's the case, then the real low point was around $7 post-split, which would still be closing in on 800% in what, 7 weeks or so?

I got it round 20 =))

i day trade every day. AIG had a 1:20 reverse split when it was around $1.00. Meaning if you had 2000 shares after the reverse split you had 200 worth $20.00. But yes aig has kicked some serious ass this month to say the least. Citi bank will also be taking off since it has crossed the $5.00 per share mark. I have played citibank back and forth since it touched $1.00 ;) Bank stocks are HIGH RISK, but with high risk comes high rewards :)

Be careful to lump AIG, FNM, and FRE with other financial stocks. They are not related. Although I would even put C in there, but they have some fundamentals and I see them coming back. Don't get me wrong, I've owned all of these stocks as specs, but this week, I've sold my positions. I've had some really nice returns and I'm not getting greedy and you can see this short squeeze a mile away. AIG is 80% owned by the government, they owe them $180 billion. Even at the current stock price, AIG's market cap is $6 billion. Also, due to the 20:1 reverse split, there aren't many shares out there. New SEC regulations require you to own the shares in order to short them. This is why the stock is being driven up. It's a massive short squeeze! Also, from people just jumping on, hoping to get a ride lol. Purely speculative. Notice, the option puts are going up, instead of down, when the stock price is going up. That's an indication that people are ready to short this. So, although, I've enjoyed a nice little ride up these past weeks, I am now ready to go the other way down. May take a bit to get the momentum, but I am buying a nice chunk of options puts for Jan 2010 for AIG. I don't see this stock sustaining any value, even in the short term. But good luck, remember, don't get greedy.

so how much did you make when you got them for 1$ if you sell them now?

RUN FAST unless someone has any one seen any fundamentals that makes sense of the increase!!!

Well I was lucky to get in back in Feb at .62 cents...LOLOL Life is Good.:winkwink:



:pimp

i kick myself for not buying it at $7 a few weeks ago :mad::mad:

Split adjusted, the lowest you could have bought it for was $7. That was when it was at $0.35 cents and it only touched price for a few moments. So if you bought at the absolute bottom and sold right now, it's about an 800% return.

I got in but not at a buck. I got out too.

i wish i knew anything about buying and trading. i feel like im missing out

I got AIG before the split at $0.43 and CitiBank at $0.97. This is the first time that I've made good money on penny stocks.

Sure buddy. You just happened to buy C at the 52 week low and AIG at 10 cents higher than the low point. Caaaaaaaaaaaaaam aaaaaaaaaaaaaaaaan

The reverse split sucked balls, but you had to buy a shit ton at 1$ to be worth the retiring, only reason the stock is so high is on hopes of the new CEO from metlife paying back the government, if in turn doesnt look that way the stock will drop back down, and city was a decent buy but it will be years before that stock is worth a damn, and stricter regs on credit cards, the more they hurt.

I've made almost a million USD on this stock.

For those of you who know how to play the market, right now you can make money hand over fist.

In all honesty, if things stay where they are now, I will by a multi-millionaire several times over within the next 12 months. Now, if only the USD doesn't crash...

Buy some option puts for insurance. It's worth it to save your investment if it does crash again.

Things like this make me wish I had a fund of $10,000,000 to gamble with...and not be upset if I lost it.

You should send a thank you letter to Goldman Sachs.

They have figured out how to perfectly manipulate the market every few years. They make money when it goes up and the smart people get to make REAL money on its way down.

it's not going to last.. the stock might goto $130. per share over the next 1-3 months

or it could tank

take the money and run

http://www.lovefilm.com/lovefilm/ima...4387-large.jpg

The funny thing is, my friend PUSHED ME to buy this. I didn't want to at first but he pushed and pushed and finally sold me on it when it was low enough. I said WTF, toss some good coin in there, which at that time he said I would get back 10 fold, and the rest is history. My ONLY regret is not putting MORE into it.

Timberrrrrr!

http://finance.yahoo.com/q?s=AIG

is there still money to be made? if so, what should I buy?

Sell.... AIG is tanking

Fannie is still a good deal. You can't go wrong with that stock. (I don't think so at least)

Fun day...

FNM 1.59 -0.34 -17.62%
C 4.54 -0.46 -9.20%
AIG 36.00 -9.33 -20.58%

Gotta know when to fold 'em too, that's the hard part. That's why I buy domains instead of stocks...

That is the hard part. But if you can buy them and forget about them. They should go no where but up. (Hopefully)

Check out the put options. Some people did alright today.

http://finance.yahoo.com/q/op?s=AIG

sold AIG at 52!!!!!!!!!