Finance crew: buy this ish NOW

[Rmsanger 10+ year member]

Nice find Flip... I've pullled almost everything out of equities right now excpet my Roth and 401K.

My company gave up 7% today and almost 15% over the past 2 days of trading. Really scary out there for finance firms, even for one as diversified as ours.

 

[Flipx99 5,000+ posts]

Nice find Flip... I've pullled almost everything out of equities right now excpet my Roth and 401K.
My company gave up 7% today and almost 15% over the past 2 days of trading. Really scary out there for finance firms, even for one as diversified as ours.

Even though I shouldn't be...I am completly out of the market except those two... (tsp = 401(K))

I didn't worry until Merril got sold to BoA. I heard that on the radio and was like wtf is going on? I am working some OT so I may play some LEAPs on Financial ETFs....particularly XLF $20....Jan 10....right now it's at $3.50....if it goes down to $3, It may not be bad to drop a couple grand on it as a flyer.

 

[squeak9798 5,000+ posts]

http://finance.yahoo.com/q?s=AIG

Here's to hoping I still have a job in a couple months //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif

The stock was over $70 in Oct '07. Nothing like losing 90%+ of it's value in just under a year, and trying to get the Fed to fund you $40 Billion to run day-to-day operations.

Thank god (figuratively speaking) I decided not to invest any //content.invisioncic.com/y282845/emoticons/greedy.gif.5a53e6246569d7ab79867170f3b06629.gif in their stock.

Hopefully the lines at the unemployment office aren't long........ //content.invisioncic.com/y282845/emoticons/wink.gif.608e3ea05f1a9f98611af0861652f8fb.gif

 

[lvjeffro 10+ year member]

PV, you might want to stop giving advice on anything other then how to fail at being a financial consultant...loser...

 

[97gp 5,000+ posts]

So whats the next big tip you have?

 

[IA2 10+ year member]

LMAO...........so when you gave the tip to spend a bunch of money on this stock it was sitting around $30 a share? And now it is at $0.12 per share? hahahahaha

**** I hope none of yall bought this crap

 

[Flipx99 5,000+ posts]

I got in with AIG yesterday. Maybe a bit too late now...I would buy if it dropped below 3.

 

[dan7532 10+ year member]

Oh, and btw, I won't be liable if y'all go bankrupt listening to me cause I'm an engineering major who knows very little about finance and investing compared to even the stupidest business or finance major.

lol, you're assuming that business majors KNOW things

 

[duece212 5,000+ posts]

Holy crap, can I still get in on this awesome stock purchase?!?

 

[Johnny Drama 5,000+ posts]

Here is what I dont get...he was sooo adamant that this was a GREAT investment when he posted, but since he was reminded and called out he hasnt posted in here...

Is this ownage or is he just ducking us?