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American International Group, Inc. Message Board

  • chemsysus chemsysus Feb 14, 2014 11:02 AM Flag

    AIG down -- makes no sense

    AIG sell on news?
    Makes no sense: Earnings up, revenue up, dividend up, stock buyback -- All Positive.
    No mention of future problems in conference call, as far as I can tell. Please advise.
    Why the sell-off?
    Will be interesting to see how the day ends, and price action next week.
    AIG should be rising towards $60 rather than siumpimg -- go figure.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Catastrophe adjusted combined ratios moved in the wrong direction. My take is that there were some up front costs to implement new management systems, culminating in this 3% layoff. Today's selling only makes sense for traders and other fast money types. Longer term AIG seems to be on track. Let 'em sell.

      Sentiment: Buy

    • It's a real head scratcher. We may have some "sell on the news" going on here. I am highly confident this stock heads higher after soon as this unloading of shares eases up.

      Sentiment: Strong Buy

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