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Aba B | FINACIAL DECISION. PLEASE HELP- ? |
hello
Yesterday i decided to buy 3 stocks.
ambac financial group (ABK) 2000 shares for $1.26 each
American insurance group (AIG) 3000 shares for $1.76 each
Freedic mac (FRE) 1500 chares for $0,9010 each.
The reason wh I bout this stock is because for eaxmple : the highest prince of AIG in the last 52 weeks was $ 62.3 for FRE was $37.3 and for ABK was $30.3. So there is a big chance that they will go up very high.
I will keep this stock for at least 18 month, hopefully the recesion will past and the price will start to go up.
if prices of the stock go up like half the value i just mention ($62,3 for AIG), i will make a fortune.
What do you think ?? |
 |
 
enoriverbend
|
I'm not sure why you are asking *after* you bought them.
Just because stocks have fallen hard does not mean that they will recover, even to your 50% target, and particularly in your 18 month time frame.
However, you may certainly make some money on these 3 particular stocks.
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luckyzimmy
 |
These stocks are good for your 'gambling' money. You may take home a bundle or may take a bath.
If you are serious about your financial future, you may wish to get into something that is predictable.
You can actually guarantee your principal and take a portion of the money to the racetrack or any of the stocks you mentioned. This is further described in my essay - A plan for all seasons! A free copy is yours for the asking. |
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Samson
 |
It has the potential to be a good buy. The only thing that I'm worried about is that AIG will go under, but seeing that you don't have a ton of money in them it wouldn't be a total loss. But overall, it looks like you will make some money, and your 18 month time period looks good too. Good Luck!! |
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Stockwillrise
 |
U could have a good chance but i only buy short term oversold stocks. |
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cme
|
Good Luck! |
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phil p
|
I picked up 200 shares of AIG at $1.82 because aside from the fact that they own 161 billion dollars in Warren Buffits Berkshire Hataways, they own 20 or 30 major companies.
It could go back to $60s and it could be broken up into smaller companies, all of which would send shares of stock.
But if you are just going to guess I stand to get a $100,000 pay off on a $400 bet.If I made 10 bets like that and only one paid off I would still be real happy. |
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Robert M
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I think you are fooling yourself. When you buy stocks you are buying future earnings, dividends along the way are gravy. |
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