Besides being a pathetic company, AIG sells ANOTHER one of its businesses and stock goes up. I used to be long (another shareholder who lost a lot of money) and I cannot imagine why anyone would want to buy a once great company that is NOW a complete loser! How can one sell very profitable businesses and go up? It just goes back to the government for all the money it (the government) loaned it (AIG). Oh well, that's what makes a market. In conclusion, AVOID this stock if you are planning to buy based on price. This company will never see its glory days again..... A PATHETIC COMPANY!!!!!! P.S. Neither long nor short this pitiful co.
can someone explain what the hell this post is about? the company is pathetic because it's trying to pay back the loan to the govt? seriously, someone try to make one ounce of sense out of this...I'll give you a $100.