AIG still has a lot of long term security issues it will need to remediate before it can fully recover. In the short term watch for it to fall back to it's resistance around $30.
It's going to sit there...
After running across AIG's stock profile I noticed that like any other company have experienced "hits" due to the recession However, as an insurance company, my hypothesis is that AIG will never go out...
With market predictions from leading companies suggesting 25% increases, and with AIG poised to jump with a 15.75x Equity Multiplier, this company now has its eggs in the right basket.
AIG could go...
We all know AIG completely dumped. From this point where do we look?
I look at last quarter to see how the company is turning around here using the DCF method:
EPS of 1,845,000/134,570,000 = 0.01371...
The great jump in AIG has been good but It's now time to take profits. And that is exactly what is going to happen. The volume has been too low and I believe that once it comes back it's going to be on...