Wednesday, August 26, 2009

AIG: Additional Salt On the Wound...

AIG made a new high today... +$2 from the price I got out.

Thank God I only had 15 shares. Otherwise, I'd really need a hug.

At least I'm finally profitable on my BAC position - all things considered.

I think I will hold onto BAC and NYX as long as I can. Maybe they're what my friend Eddie would call vanity positions in that you own them for the prestige more than anything. But, the emotional value of a stock is often underestimated in trading. It's like GS or BRK.A or something. They're like the Bentleys or Porsches of portfolios - collectibles.

For me, it's more HWD and Bulgari.

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