AIG almost back to old levels. Like the crash never happened
- Thread starter stock777
- Start date
Indeed. AIG earnings are $10+ a share.
$50 is cheap. P/E of 5 compared to P/E of 100+ other stocks.
$50 is cheap. P/E of 5 compared to P/E of 100+ other stocks.
There are 12 markups a year and 12 option expiration's for more markup.
The market will never go down again. AIG = $2000 by 2010.
Shorts who didn't cover will be financing the recovery.
PS AIG from 32 to over 50 since my official blessing. Another great call in a long series of great calls. Documented.
The market will never go down again. AIG = $2000 by 2010.
Shorts who didn't cover will be financing the recovery.
PS AIG from 32 to over 50 since my official blessing. Another great call in a long series of great calls. Documented.
You're like Cicero, a clairvoyant! You had 10 out of 10 winners at Saratoga the other day. WOW, I did the permutations and combinations on that and did you know the odds of that with 10 horses in each race is 3,700,000 to 1!
Keep up the good work . . .
p.s. We will forget the fact that you started this thread thinking AIG was back to all time highs.
Quote from Subdude:
So how's investing in AIG going for you guys? Still long and strong?
I cut back a little at the close, mostly because even with a 3.7 beta it was off much more than the mkt. Treating it as a normal stock even though it is its own animal. In it still because I think a lot of today had to do with Barrons article and this level is a 1/3 pullback from the highs on this latest run from $35. This would be a normal pullback if it were a normal stock. Trading it off price only, no opinion on fundamentals - who knows what this thing is worth.