Congratulations to all common and warrant holders. We were early to the party and we are reaping the benefits. I expect more investors to start recognizing the value in AIG as we are still in the early innings.
Warrants have increased over $4 dollars so far this year and we could easily breeze by the $5 mark tomorrow.
Could you give me a link for AH and premarket quotes for the warrants? I don't see those on Yahoo. I didn't know they even traded then. The warrants trade pretty thin even doing regular hours. Premarket must be a real circus.
BTW, thanks for the numbers, Cactionalpha. I didn't know Bruce had run them for the HIG warrants. If I could work you on one other idea, what the h*** is his thinking on Sears? I get the value thing, But I have no idea of how to value real estate and less confidence in Bruce's ability to judge that market . He got killed on St. Joe's. I am concerned that, like old-school banking, Bruce may be missing a larger trend. If a kiosk can handle my financial needs, and I can buy anything (short of a wife) at Amazon, does "location, location, location" matter during the transition to a modern retail model? I'm looking to diversify a bit, but I think technology has negated many of the advantages of real estate. If you were looking to diversify, (I hate that overused and oft abused term, as if it protects you from being stupid.) where would you look for similar value?