slow99 and W01C would be proud... - DFWstangs Forums
 
LinkBack Thread Tools Display Modes
post #1 of 13 (permalink) Old 07-02-2009, 10:24 PM Thread Starter
Out
 
Join Date: Apr 2000
Posts: 41,952
slow99 and W01C would be proud...

Not really, more like a shot in the dark, but I started doubting my decision to buy AIG when it was 1.40
Denny is offline  
Sponsored Links
Advertisement
 
post #2 of 13 (permalink) Old 07-02-2009, 10:35 PM
Genetically Blessed
 
Join Date: Jul 2002
Location: An Investment Bank
Posts: 13,733
Lmao!

Dude, the last 2 weeks have been the best of my professional career. Sitting in on IC meetings with two of the best Asset Managers around, bar none, and PM's with years of experience talking about potential stock positions all day. Fuckin' heaven. They actually ask what I think about names, I'm like, "what the hell are you asking me for??!"
Not to mention some great exposure to a lot of great names that I like, and in turn, they like when I pitch them and end up buying them for their Fund.
Great shit, just don't tell CFA Institute about my front-running, lmao!
slow99 is offline  
post #3 of 13 (permalink) Old 07-03-2009, 10:36 AM
How you doin'
 
STANGGT40's Avatar
 
Join Date: Mar 2001
Location: 8 Rib > 6 Rib
Posts: 28,254
Thumbs up

Quote:
Originally Posted by slow99 View Post
Lmao!

Dude, the last 2 weeks have been the best of my professional career. Sitting in on IC meetings with two of the best Asset Managers around, bar none, and PM's with years of experience talking about potential stock positions all day. Fuckin' heaven. They actually ask what I think about names, I'm like, "what the hell are you asking me for??!"
Not to mention some great exposure to a lot of great names that I like, and in turn, they like when I pitch them and end up buying them for their Fund.
Great shit, just don't tell CFA Institute about my front-running, lmao!
<----wants your stock tips!
STANGGT40 is offline  
 
post #4 of 13 (permalink) Old 07-03-2009, 10:38 AM
How you doin'
 
STANGGT40's Avatar
 
Join Date: Mar 2001
Location: 8 Rib > 6 Rib
Posts: 28,254
Quote:
Originally Posted by Denny View Post
Not really, more like a shot in the dark, but I started doubting my decision to buy AIG when it was 1.40
when did you get aig for 1.40? i didn't know that it ever went that low.
STANGGT40 is offline  
post #5 of 13 (permalink) Old 07-03-2009, 10:12 PM Thread Starter
Out
 
Join Date: Apr 2000
Posts: 41,952
Quote:
Originally Posted by STANGGT40 View Post
when did you get aig for 1.40? i didn't know that it ever went that low.
The lowest I saw was 1.18. This was before the reverse split, though.

Quote:
American International Group (AIG) NewsBite - AIG Completes Reverse Split
Wednesday 07/01/2009 10:15 AM ET - Freshbrewedmedia

As of 12:00 AM ET 7/2/09
American International Group (NYSE: AIG) opened at $19.65. So far today, the stock has hit a low of $19.55 and a high of $22.96. AIG is now trading at $20.74, down $2.46 (-10.6%). Over the last 52 weeks the stock has ranged from a low of $.33 to a high of $31.09. Shares of AIG are trading lower this morning after the company's shareholders approved a 1-for-20 reverse stock split. Investors appear to be evening out positions or getting out of positions now that the stock is trading above $20 per share. Technical indicators for the stock are neutral and S&P gives AIG a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for AIG.
Denny is offline  
post #6 of 13 (permalink) Old 07-09-2009, 03:59 PM
T5-T56-Tremec specialist
 
thesource's Avatar
 
Join Date: Nov 2004
Location: Heading back to Plentywood
Posts: 8,389
Where does everyone stand on AIG now?
thesource is offline  
post #7 of 13 (permalink) Old 07-10-2009, 09:45 AM Thread Starter
Out
 
Join Date: Apr 2000
Posts: 41,952
Quote:
Originally Posted by thesource View Post
Where does everyone stand on AIG now?
I got out @ 18.00, so who cares? LMAO!!!
Denny is offline  
post #8 of 13 (permalink) Old 07-10-2009, 10:00 AM
Lifer
 
slow06's Avatar
 
Join Date: Jul 2006
Location: Arlington
Posts: 2,075
Reverse split and the following tank is killing me...I made a crappy, crappy decision. My shares cost me $28 each (post split)...man I feel stupid. Makes me think I should not be doing this type of thing.

"A government big enough to give you everything you want, is strong enough to take everything you have."
-Gerald Ford/Thomas Jefferson

"A Republic, if you can keep it"
- Benjamin Franklin

The way to peaceably remove elected officials who deviate from the constitution of the United States of America...
www.blowoutcongress.com

Last edited by slow06; 07-10-2009 at 10:11 AM.
slow06 is offline  
post #9 of 13 (permalink) Old 07-10-2009, 05:30 PM
Bullet Sponge
 
forever_frost's Avatar
 
Join Date: Feb 2007
Location: Cooper, Tx
Posts: 3,142
Yeah, my shares got reverse split and I now have .5 shares. How the hell did that happen?
forever_frost is offline  
post #10 of 13 (permalink) Old 07-10-2009, 05:36 PM
Lifer
 
slow06's Avatar
 
Join Date: Jul 2006
Location: Arlington
Posts: 2,075
Quote:
Originally Posted by forever_frost View Post
Yeah, my shares got reverse split and I now have .5 shares. How the hell did that happen?
You had a multiple of 10 probably...

"A government big enough to give you everything you want, is strong enough to take everything you have."
-Gerald Ford/Thomas Jefferson

"A Republic, if you can keep it"
- Benjamin Franklin

The way to peaceably remove elected officials who deviate from the constitution of the United States of America...
www.blowoutcongress.com
slow06 is offline  
post #11 of 13 (permalink) Old 07-10-2009, 05:45 PM
PAN
 
Join Date: Mar 2002
Location: Under a rock
Posts: 20,154
Thumbs up

Quote:
Originally Posted by slow99 View Post
Lmao!

Dude, the last 2 weeks have been the best of my professional career. Sitting in on IC meetings with two of the best Asset Managers around, bar none, and PM's with years of experience talking about potential stock positions all day. Fuckin' heaven. They actually ask what I think about names, I'm like, "what the hell are you asking me for??!"
Not to mention some great exposure to a lot of great names that I like, and in turn, they like when I pitch them and end up buying them for their Fund.
Great shit, just don't tell CFA Institute about my front-running, lmao!

You go brutha!
Fox466 is offline  
post #12 of 13 (permalink) Old 07-11-2009, 10:26 PM
No Cerveza... No Trabajo
 
01WhiteCobra's Avatar
 
Join Date: Jun 2002
Location: Where's my beer?
Posts: 21,924
Haha!

Fuck Wall Street. I have much more fun going to Vegas and betting $100 blackjack hands or laying it all down on red.

Same probabilities!

My 401K is now a 400K (was 301K)
01WhiteCobra is offline  
post #13 of 13 (permalink) Old 07-12-2009, 03:12 AM Thread Starter
Out
 
Join Date: Apr 2000
Posts: 41,952
Quote:
Originally Posted by 01WhiteCobra View Post
Haha!

Fuck Wall Street. I have much more fun going to Vegas and betting $100 blackjack hands or laying it all down on red.

Same probabilities!
Is that where you have been?
Denny is offline  
Sponsored Links
Advertisement
 
Reply

Bookmarks

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the DFWstangs Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome