How can this stock keep dropping after the bailout?
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Brock Landers
SBR Aristocracy
06-30-08
45359
#4
Bailout? I haven't seen that do a goddamn bit of good. This compay should be forced to sell off its assets and say godnight
Comment
jjgold
SBR Aristocracy
07-20-05
388179
#5
I wonder how much lower it can go?
Comment
Fishhead
SBR Aristocracy
08-11-05
40179
#6
Originally posted by jjgold
I wonder how much lower it can go?
It can be at zero in very little time.
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SlickFazzer
SBR Posting Legend
05-22-08
20209
#7
You've got a nice stop loss at 0 with this sucker.
Comment
jjgold
SBR Aristocracy
07-20-05
388179
#8
I am dying to buy more of this stock, how much lower can it go down? It cannot go bankrupt.
Comment
purecarnagge
SBR MVP
10-05-07
4843
#9
AIG will be selling assets...they don't have anyone willing to buy them...
They are a financial conclomerate. But they don't want to sell there core business units because AIG is very good at insurance and that type of thing. Its the housing insurance stuff they got into thats terrible.
Comment
RealSlimShady
SBR Hall of Famer
12-24-07
6249
#10
Originally posted by jjgold
I am dying to buy more of this stock, how much lower can it go down? It cannot go bankrupt.
It cannot go bankrupt, but it might not make money. They are paying 8.5% + LIBOR on the billions that are borrowing from the government. Plus, they had to borrow more than initially thought.