Is AIGI (ticker symbol) stock a good investment? Ask yourself this, how much do you really know about the company? I only did a little research just now and I can come up with a few reasons not to invest. 1. Look at it's current price and it's chart. I know this sounds like a value investor here (I'm usually not one but give me some leeway here). This company is trading at about $1.80 a share. Not much. Also, the chart I saw off of cnnfn.com indicates that this company has been public for several years now and is just now matching it's all-time high. Also, at $1.80, it technically could be called a "penny stock" and can be highly corruptable by either insiders or "bigger infulences".2. After looking under "Quotes/Data" for some press releases, there was only one release and in it, it is mentioned that the company paid for advertising time on a television show in question. While this may not be an outright admission to glorifying a sponsor, ask yourself how many television shows that are less than prominent are willing to say anything negative about a company that pays for advertising.3. To develop my initial point, how much do you really know about the company? There are all sorts of horror stories that start with "insider tips" overheard at grocery stores and "writings" on internet message boards. On the other hand, if you happen to be a great friend of the CEO, you may be a little more confident with whatever info you have. Honestly, I have never heard of the company before your posting. And I am from Houston (but go to school in the midwest now). In conclusion, do some research, consider the sources, and see if it makes sense for you. I hope you did some research before hand if you decided to invest. And good luck to you. If anyone knows anything about this company, feel free to post. But, honestly, I've never heard of it. So, I wouldn't invest in it without being pretty sure of it's prospects. But what you do is up to you.Good luck to you,Jon
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra