udfisher

Bryan Fisher

Real Money Earned: $510.46
Location: Tallahassee, FL
Member Since: 9/17/08
Portfolio Total:$10,096,643.82

Stock Analysis: 1

Portfolio Start Date09/17/08
Annualized Return:642.4%
Total Return:909.7%

Add As Friend

Send Message

Stock Pick by Bryan Fisher

AIG: Not as risky as you might think

Start trading AIG with real money!

Rate Analysis

6 ratings

Posted 533 days ago on 9/24/08

Market call:AIG will go UP
Target: $19.22 on 3/24/09
Current: $35.11 (814.32% from time of market call)
Close: $3.15 (-17.97%)
on 9/26/08

AIG has over $1 trillion in assets - by far large enough to cover it's liabilities over time. It merely needed some liquidity that it did not have from most of its assets to cover the losses of the third quarter. That's the reason for the $85 billion loan, and it's the reason that AIG is safer than many people realize. As the market stabilizes, AIG will start to move back up in value.

Add a Comment

Comments

Sort: Date Posted | Member

No results found

Subscribe to Stock Analyses Comments feed: