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American International Group, Inc. Message Board

  • caseyfor400 caseyfor400 Sep 23, 2009 12:56 PM Flag

    Credit suisse- price target $15


    really? How do they come up with that?

    ""While this would further dilute current common shareholders, we see it as perhaps the best course of action given the primary objective of maintaining ratings and right-sizing AIG's capital structure," the analyst, who has a "underperform" rating and a price target of $15 on AIG stock, added."

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    • The people at Credit Suisse are lashing out. They shorted it at the 20/1 split at the price of $20. They want to cover. They will soon go out of business, because they have to cover at $100. It was Gallagher that advised them to short at that price. Now, he's desperate.

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