Wednesday, August 05, 2009
Money management
AIG is in play again today. With over 27 million shares traded, a .01 spread and a $3.50 daily trading range(so far today) it has great profit potential and low risk. I'll concentrate on stocks like these to the exclusion of others because they tend to pay back multi dollars where others are only making a .20 run. If they reverse it's also a good shorting opportunity although AIG is currently not available for me to short.
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2 comments:
Scott, have you seen GGC lately? Definately been a mover, but the spread is pretty large.
That spread would kill you long or short, stay away
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