Tuesday, September 23, 2008


I have been meaning to make a post about AIG for a while, but it keeps running up. I really think this company has a good chance at a strong comeback. They should be able to sell assets and refund the government's money, which will (hopefully) not allow the government to take an 80% stake. If this happens, the stock can easily reach 20 (currently trading 5 and has trading at 2!).

AIG Today 01:12pm - American International Group, Inc Large Holders reportedly expect to receive notice on financial position of company later today

Watch out. This can also be a catalyst for XLF to move higher.