LNR's stock pick results make some people rich overnight. Some LNR readers who purchased AIG at $1.61 a share sold for massive profits only days later when the stock hit $2.43 a share before retreating. AIG did retreat, but not for long, it has shot back up to end at $2.11 on Friday. Freddie Mac (FRE) retreated on profit making, however, the stock is still in play because of government indecision on how to reorganize the company. One however, should note the absolute government support given to this need company which acts as a clearing house for mortgages and underpins the ability and willingness of banks to lend to less than perfect customers.
Once reorganization is complete, this stock is going to PLUTO !
Buy massively on pull backs for a winner that will make you rich like AIG.
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