AIG STOCKS
AIG STOCKS
Do you think AIG STOCK value will one day go up like it used to be before?is it a good invesment for long run?
Im already investing around $10,000 in AIG Stocks, do you think i should wait maybe one year and make some money? or its very risky ?
If you have invested $10,000 into AIG and hopefully have made money, I would run away with the profits. Not saying that the stock won't go up to say $2 or $3 in the future but if are looking at the 10 year chart, I highly doubt it will recover to the 2007 (or 2001) highs.
Imagine that at one time, this stock was trading at $96. Incredible. And those who bought it at $40 in 2007 were dreaming of it reaching to that level again.
Look you know how AIG is getting out of its predicament and debt?. They are selling the company piece by piece to pay debt. So how can a smaller company generate a bigger profit to get to the level it was years ago?. Think about it.
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