Home 
Neubert's Trades Added to Position in AIG
Neubert's Trades Added to Position in AIG
| Added to Position in AIG |
| Written by David Neubert | |||
|
I paid $68.27 to add my position in (AIG $68.64) today. The P/E is under 12. The company is growing nicely with many business lines and is still being punished for insurance scandals past. There is pretty big open interest in the $70 strike options for expiration next week, which should act as a kind of anchor. Until then, I've left myself room to buy a bit more if it falls further. I bought back a small short position in July 70 strike puts today as well. Disclosure: I own AIG. I am also long August 75 calls on AIG.
|
Latest Postings
- Bought AAPL at $329 this morning 03-17-11
- Energy Stocks Got a Boost Monday
- 12 Interesting Things I Learned at The Feast
- In a Warming World Coastal Forests Are the Only Defense
- FDA Approvals and What They Mean to You
- What Happens to the Stock Market if Obama Becomes the CEO of America?
- Global Bailouts Will Lead to Global Inflation: How to Play It
- Global Bailouts Will Lead to Global Inflation: How to Play It
- Exxon Mobil (XOM) Works On Its Eco Image
- Bush's Final Legacy: Stealth Tort Reform
- Amendment 58 in Colorado Seeks to End Subsidies for Big Oil
- Have the Numbers Gotten Too Big to Understand?
- Why Paulson Can't Clean Up the Pollution on Wall Street
- Will the Real David Icke Please Sit Down
- Beyond Growth: The Wealth of Community
- Big Oil Falls with the Stock Market
- The Rebirth of the System: From Caterpillar to Butterfly
- Pain Relief Without Addiction
- Why I Like Obama on Energy
- The Feast: Social Innovation Conference
- Vaccination Side Effects, Sponsored by Merck
- We Won!!!
- Reframe It: Reading Between the Lines
- The Next Great Pandemic
- Tesoro (TSO) Fights California Ethanol Mandate