AIG

I have let go of any of my bullish feelings towards AIG. They are taking the loan with NY, which means the government will dilute shareholders like crazy. The stock is down big because of this.

AIG update

regarding its loans

lets see how the market acts tomorrow

AIG

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.