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 AIG, CITIBANK or KLSE Shares, Should I go for US stocks or Local Stock

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danmooncake
post Apr 29 2009, 08:30 AM

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C will need to drop back to $2 first before there is a chance to hit low $1.

If it hits low $2 again, they will be massive buying already because
scores of people who missed the first run already waiting at sidelines to jump back in.


dreams_achiever
post Apr 29 2009, 09:21 AM

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QUOTE(danmooncake @ Apr 29 2009, 08:30 AM)
C will need to drop back to $2 first before there is a chance to hit low $1.

If it hits low $2 again, they will be massive buying already because
scores of people who missed the first run already waiting at sidelines to jump back in.
*
Citi maybe hard to drop below USD1 anymore as they announced can raise capital to meet stress result without any US government helps. This will boost it share price as investor begin confidence with it.

Differencet case with BAC, it need to raise more than 70bils to meet the requirement. Previously it borrow 2 bailouts total of USD45bils and now USD70bils. Imagine how bad assets that it have.
From low USD2++ to USD 11++, maybe can keep view on it biggrin.gif
I think the share price will hit badly compared to Citi biggrin.gif
TSMoonRider
post Apr 29 2009, 10:33 AM

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Very good article on AIG

AIG : Doomed to fail?
http://money.cnn.com/2009/04/28/news/compa...rce=yahoo_quote

Will the AIG hit the jackpot .. time will tell .. but it will be hard as they are keep selling their subsidiary .. and AIG owe the fed gomen 180 billion ..

I bet CITI is more better choice .. if below $2.
normanTE
post Apr 29 2009, 11:08 AM

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i have 5000share in aig,
that only 1-2% of my overall portfolio
why all focus on aig,
many more insurance around...hey are we invest or speculate.....
this insurer still have profit man ....like allianze, axa, china life.
other no so badly effected but selling at discount ing, prudential,

of course aig current value is interesting......
but i will be 8-10 usd in 5yrs time.


Added on April 29, 2009, 11:09 ami bet i willbe 8-10usd in 5yrs time.


This post has been edited by normanTE: Apr 29 2009, 11:09 AM
kb2005
post Apr 29 2009, 11:36 AM

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QUOTE(MoonRider @ Apr 29 2009, 10:33 AM)
Very good article on AIG

AIG : Doomed to fail?
http://money.cnn.com/2009/04/28/news/compa...rce=yahoo_quote

Will the AIG hit the jackpot .. time will tell .. but it will be hard as they are keep selling their subsidiary .. and AIG owe the fed gomen 180 billion ..

I bet CITI is more better choice .. if below $2.
*
If CITI drop below $2, you can start to buy and will make a lot of profit in a few months time. biggrin.gif
normanTE
post Apr 29 2009, 12:07 PM

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i already buying even at current value, 2.80usd 500share.

 

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