AIG falling hard

This was the most bloodiest ever! Train yourself for being able to catch this kind of move in the future. Then the battle field is yours. We have up to 60 seconds to decide; further than that time frame, don't chase.

Quote from regal_2012:

missed the long from 1.40 to 2.80

should have been quicker
More...
 
Quote from rock34748:

Great little day trade today though. In and out nice. Also keeping very small position just for the ride... waiting for news.
More...

A question from a newbie:
Do these things happen often? Some stock falls 50% on news but manages to retrace a large amount of the fall?

I remember last bottom when FRE and FNM were down lots at the open but ended up positive.

Based on this logic I took a small position on AIG this morning and made a nice profit (well, percentage-wise, hard to make a big profit on a small position)

Do these things happen regularly? What is the probability? It seems to me that this is a low risk setup.
 
Im sure they are getting bailed out this is why this stock is moving the way it is. If they do not bail out AIG equities are going to fall extremely hard over the next 24-48 hours.
 
Naked short all you can while you still can ;)
Sell it all and keep selling it all and ride it all the way down to negative zero. ;)

Let Mr. Margin call and put him on hold and keep selling it all ;)
Short sell $4, $3, $2, $1, .50, .25, .10, .05...

Even short it at zero cause with govermnent bail outs we may have a new negative market to trade... -0, -.10, -.20

J/k
 
no bailout and the DOW sinks below 10k.


It is time to start worrying about this AIG bailout. As they have been saying there could be systemic risks if banks dont step in.
 
You must log in or register to reply here.
Back
Top