How glorious is it?

W

Wilt

How glorious is it for those of you who are at your trading station all day trading AIG? It must be like thanksgiving trading a stock with such an unparallelled amount of money being pumped into it, a real share price, disgusting volume, price action, and support. So come on Red Ink, other good traders, you've got to be making obscene amounts, do share your AIG stories.

Wilt:
 
Of course, if you're counter trend, but you would be a fool to other side of 7 billion dollars being pumped in. I don't think the good traders would try to fight that.
 
Its only glorious for the people who did a successful probe and induced a short squeeze near the close yesterday on low volume. They'll be buying vacation homes and new yachts as they made untold millions.
 
Quote from Wilt:

How glorious is it for those of you who are at your trading station all day trading AIG? It must be like thanksgiving trading a stock with such an unparallelled amount of money being pumped into it, a real share price, disgusting volume, price action, and support. So come on Red Ink, other good traders, you've got to be making obscene amounts, do share your AIG stories.

Wilt:
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Alright since you mentioned me by name..... Bought 5k yesterday after hours. Dumped it this morning with a 15k gain. Oh yeah, to the dipshit who was selling $38.5 in after hours for well over an hour, you're an idiot.

Bought 13k on the dump off the opening candle flipped it for a quick 11k. Tried a short (pussy share lot of 4k) at about 8:10 am after it went parabolic. Luckily made 5k there. That ensuing red candle was very lucky as it clearly had a lot more upside.... Then proceded to take a few larger short positions between $48.5-49 That didn't do a thing but frustrate me and remove some cash from my blotter.

Didn't go near it again the rest of the day as it's a psychotic turd. There's a lot more easy trades given my personal style in the doubling dollar donkey turds. That said AIG was my best stock of the day.
 
Red_Ink, that's an awesome gain! Are you at a prop firm? I was looking into some shops that give you nice leverage. Would be a nice addition to futures trading.
 
Dont be surprised when AIG drops 20% in a single day....

Its a worthless company....

back to the single digits is where it should go.
 
Hahaha, glad to hear it Red Ink. Brings back memories of JDSU back in the day? :D Thanks for replying. I wish I could have been there for it. My last was several big days ago. I pulled 15% real (not including margin) out of two trades on AIG which was pretty much all I could get since I came into the market at 1200. I really nailed what was possible. Wish I could have been here today. From 41ish it was smooth sailing!

Wilt
 
Quote from S2007S:

Dont be surprised when AIG drops 20% in a single day....

Its a worthless company....

back to the single digits is where it should go.
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So you're saying the new CEO, who just took over the job and then promptly left on a month long vacation to Croatia was not being truthful when he said AIG would pay back the government the $180,000,000,000 it owes the US taxpayer? Not to mention doing 'something' for shareholders as well?
 
Quote from Red_Ink_inc:

So you're saying the new CEO, who just took over the job and then promptly left on a month long vacation to Croatia was not being truthful when he said AIG would pay back the government the $180,000,000,000 it owes the US taxpayer? Not to mention doing 'something' for shareholders as well?
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Are you referring to the coastal villa with the 12 bathrooms?


:p :p :p :p :p
 
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