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American International Group, Inc. Message Board

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  • soupnazi100 soupnazi100 May 7, 2012 8:47 PM Flag

    Huge buyers after hours 32.30 and buyers...35 open shorty

     

    Lucky if it opens over 32 bro. They need to sell shares - not gonna happen if the pps takes off. AIG is rangebound for a long time here...might run to 35 over the course of a month.

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    • I agree, if the Feds are willing to sell in the low 30s, you'll need to soak up that supply before it approaches 40. I think it can get there, just not real soon.

    • PPS should stay in the $30-$32 range, hopefully. Cannot see the government wanting to make too much on the sell back, as this would set a dangerous precedent going forward. At any rate they can tamp down the excitement anytime they feel like by releasing more stock. The most likely outcome for AIG once it has got the outstanding shares to $20 to $30 billion left, the govt will sell the rest to a single buyer at a preset rate, thus completing the government exit at a small profit,

 
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