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Please weigh in on AGC     24-Dec-08 12:18 pm    
Hi,

As you will soon read, I am not a skilled investor.

I invested 2500 shares at IPO of 20.00
for 50k in May 2007 with estimated yield of 9%.

I learned:
1) Now I know, never to buy closed end fund in
IPO.
2) Don't buy something you do not understand
3) High yields may be involved in risky
transactions
4) Don't invest such a large amount in one
stock

Questions:
==========
1) Why do you own AGC?
2) Based on: http://finance.yahoo.com/q?s=agc
are people holding on to it
3) Will you hold on to it?
4) Should I sell it for a tax loss?
I was thinking of holding on for 10 years
to make it back, but on another forum someone advised me not be be married to an
investment...
5) Would you recommend it to another investor?
6) Is AGC's strategy to make money to make
their divident payout - as share value
is determined by the public market
If so, are they engaged in risky activity?

thx for your help, Sandra
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happily613


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Please weigh in on AGC
happily613 Not rated 24-Dec-08 12:18 pm  
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