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AIG up 68% today as I type this
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Thread: AIG up 68% today as I type this

  1. #1
    cowboycarl04 is offline Silver Seeker Senior Member Site Admin
    Join Date
    Feb 2009
    Posts
    345

    Default AIG up 68% today as I type this

    Yesterday near the end of the day, AIG announced the removal of a few big wigs and the signing of a new CEO.

    Around 930 AM CST today, the stock just started going up and hasn't stopped.

    Whoever says the stock market is not about emotion is probably broke....

  2. #2
    Join Date
    Apr 2009
    Posts
    5,003

    Default

    Quote Originally Posted by cowboycarl04 View Post
    Whoever says the stock market is not about emotion is probably broke....
    Emotion...and greed! Which I guess is an emotion...

    Look at what the company has done...the reason people are now trading it (NOT investing!) is just the same as why people traded Citi after it crashed -- greed and easy money. The 68%+ spike is nothing but more fraud and manipulation which is giving, again, a few at the top massive amounts of money. What has changed? Nada.

    I may end my life with a whole lot less cash in the bank, but I refuse to give any power whatsoever to corporations like AIG and their bed mates.
    Caedite eos.

  3. #3
    Join Date
    Jun 2008
    Posts
    110

    Default

    I'd look for another large taxpayer bailout that may be in the works here.
    Reports about say that AIG may be on the verge of collapse again.
    CNN MONEY.

    Bob.

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