Thursday, November 09, 2006

Doubled down on AIG

AIG reports earnings tomorow morning, I raised my stake to 59 shares. I expect them to beat estimates, but I cant expect a big move like with Cisco. I'll take two points, my exit point tomorow will be $70.00. If I get two points, it'll raise my week to 8.4%. I may sell 1/2 my stake at 70, and see where the stock goes from there. I'm not planning on keeping AIG after its next run, may put funds into ARNA (drug stock) or even Halliburton.

I swear, after this week, no more posts about stocks.

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