Friday, October 16, 2009



These Stocks Are Trash!

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Look at AIG (NYSE: AIG) or Fannie Mae (NYSE: FNM). Both companies have experienced price increases of at least 100% over the past six months. Those are incredible returns! But what's more incredible is that both were recipients of more than $30 billion in taxpayer bailout money, both suffer from sloppy management, and both are expected to post huge losses for 2009. Rising prices can make companies look good on the surface -- just like Mt. Trashmore looked good to me -- but when you take a closer look, they're simply trash!
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