AIG will earn $4.50 a share, compared with a prior estimate of $1.40, Credit Suisse’s Thomas Gallagher,said y/day.
late reaction my azz......something leaked...Hartfords earnings leaked and drove AIG....something bigger....Gov amending terms with AIG....no way this POPs on NO news 14% in a matter of minutes
Go to bloomberg.com and read the news.
Since when are analyst ever right. This stock will crash even faster than it is going up.
Unlike a lot of analyst Credit Suisse somehow is a better one amongst the real devils.