Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

AIG stock up 84% so far today.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
denem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 01:20 PM
Original message
AIG stock up 84% so far today.
As at 2pm, now worth a whole 92c each.
http://www.google.com/finance?q=NYSE:AIG

As a side note, AIG is also 81% publicly owned.

:party: :toast: :puke:
Printer Friendly | Permalink |  | Top
rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 01:22 PM
Response to Original message
1. Damn. I wish I had bought 100,000 shares yesterday.
Edited on Mon Mar-16-09 01:23 PM by rateyes
I would have paid back my 100,000 loan, and made $84,000 dollars. Time for the government to sell. :evilgrin:
Printer Friendly | Permalink |  | Top
 
denem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 01:27 PM
Response to Reply #1
2. Saying that you had bought 100,000 AIG shares
might lead you to an asylum, a prison, or a drive by shooting for starters.
Printer Friendly | Permalink |  | Top
 
rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 01:33 PM
Response to Reply #2
3. There are a few people who are a lot wealthier today than they
Edited on Mon Mar-16-09 01:34 PM by rateyes
were yesterday, including the government. If we own 80% of AIG, then having it go up---even to just 92 cents a share from where it was yesterday is good news for the taxpayers.
Printer Friendly | Permalink |  | Top
 
denem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 01:35 PM
Response to Reply #3
4. I agree - whole heartedly.
My ;oint was that private investors making money on AIG are probably a bit on the nose at the moment.
Printer Friendly | Permalink |  | Top
 
rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 01:42 PM
Response to Reply #4
6. I've got you now.
True that.
Printer Friendly | Permalink |  | Top
 
Veritas_et_Aequitas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 01:37 PM
Response to Reply #1
5. The government probably bought at a higher rate than the public price when they bought.
That's what happened with Citigroup. I think Citi needs to move north of 3.25 for the government to see a profit on that.
Printer Friendly | Permalink |  | Top
 
Initech Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 02:25 PM
Response to Original message
7. So can we stop giving them free money yet?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Sep 30th 2014, 06:56 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC