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American International Group In Message Board

  • cactionalpha cactionalpha Sep 16, 2012 8:08 PM Flag

    Projections for warrants hitting $45

    $16 by September 28, 2012
    $22 by December 31. 2012
    $28 by April 30, 2013
    $34 by August 30, 2013 Tipping point
    $45 by December 31, 2013

    Why the $10 jump from August 30 to Dec 31? because I believe investors will realize that it is inevitable we will hit the strike price once its into the 30s and rush in and sit on $45 and just wait for the common shares to catch up. After all we have until 5pm Tuesday January 2021

    Bruce Berkowitz may even buy more at the end to seal deal as it will only help his shareholders
    and bring him countless new investors since he already owns over 24 million of the 75 million warrants.

    I haven't adjusted the strike price downward as dividends will not be introduced until next summer
    or for other actions that could affect the lowering of the strike price.

    Keep in mind we have been averaging $1 per month rise in share price since the start of 2012.

    If the economy can improve by even a small amount then I think this is very achievable.

    Of course making projections like this can remind oneself of how much we don't know but I already know

    I am expecting a few corrections but I believe we will bounce back and continue our upward trajectory.
    Remember AIG is just coming out of the emergency room as is the economy so if we can average over a dollar in this environment imagine if it gets a little better.

    November 2012 big month AIG as earnings come out and the last of the government shares will be
    sold giving us a substantial bounce.

    Sentiment: Strong Buy

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22.41+0.11(+0.49%)Aug 29 4:02 PMEDT