With a PE of 3, even a conservative PE of 7 would push this stock to 70-80 in the near term. A lot that is preventing it is negative sentiment and a lack of understanding about the companies fundamentals.
1st things first
next res is 43
anything is possible with aig,because of the massive negative sentiment surrounding this company...
this is the perfect scenario for an explosive leg up.bearish sentiment with improving earnings and the treasury out of the stock....
Call me over optimistic but I do believe that we should hit at least book value $70 +- before the end of next year. 5 years who knows but is $300 out of the question considering this stock was once near $2,000 a share? I know it's not the same company but getting to 1/3 its high could happen!
completely different capital structure so comparing this vs. the past is silly, honestly. if $2,000 a share w. todays structure -- ti would make Apple look small -- take a step back -- new co. new structure new every thing. really .... at $2,000 per share = maarket cap of like $2.7 trillion..... apples and oranges. if one can double one's money in a year o0r 2 -- why debate the rest?
Sentiment: Strong Buy