Covered 1/4 position at 38 even and slid the ''stop'' to 39.75.
I try not to look at news/fundamental stuff but it sure sounds like they're scrambling for cash.
I have a few other decent swing positions maybe I'll start a seperate thread on them.
AIG now below $30. I hope somebody else made some $ on this one. My target was mid to low 30's . Then I missed the second leg, but it was still nice. I also mentioned this trade to an old (and big) client of mine who told me his current portfolio is terrible.
Maybe I'll open, "Uptik Cap Partners. lol OPM, do I really want to go down that road again?