This is the week we may finally get some volume on rumors and/or news. A treasury announcement which is favorable could result in a major short squeeze. If it's unfavorable, we go back to the low 30's, which appears to be the new bottom. I think the aia ipo on oct 30th will be the trigger though. I am guessing it will go really well
I can't be too sure, but I think the exit deal announcement will be more likely positive than negative for AIG and the pps, for these reasons: 1. The timing of this announcement - right before the major IPO for AIA. There's positive correlation between the effect of the exit deal on AIG (particularly on pps) and the success of AIA IPO 2. Whether gov will be paid in full, it all comes down to the effect of the exit deal on pps, on AIA IPO, and on all other futhure deals. It doesn't take much to see this logic. 3. When you own majority of a public company (in this case the US gov pretty owns AIG), why would you want to take a path where your pps will be pulled down say 25%. It's probably better that you own 25% less and the pps is 50% more. Besides, remember much of AIG employees's 401k saving are in AIG stocks. Morale will be a big issue if the gov takes the other path.