AIG-hitting new daily lows mid-day

Discussion in 'Stocks' started by cgtrader, May 9, 2008.

  1. Ok after the big selloff it's still hitting new daily lows.

    "World's biggest insurer"

    Insurance is a big scam.
  2. Dare to short it?
  3. No because there is no cure for stupidity.
  4. Dare to go long?

    new lows
  5. Mvic


    Anybody remember that poster Michel Scott I think it was, poor guy I think he blew out shorting AIG too early. You can have a great idea and even be right eventually (just as many of us were as we shorted the market and it kept hitting new highs last summer despite all the festering rot beneath the shinny surface) but if you don't manage your money correctly you will be out of the game before you can profit from your ideas. You have to survive to thrive :)
  6. Daal


    MBI and ABK went down more today in sympathy than a lot of days where they just announced awful news
  7. how did that long work out for you?
  8. looking good!!!!!!!!

    largest insurance company in the world=giant scam