This company is not going bankrupt folks. Would Siemans sign a 10 year deal with a shady company? No they wouldn't.
Is this a crazy idea? I'm thinking that the company could potentially pop to $140 after earnings and these would be worth a bundle. Thoughts?
Been on this board for the last three years with others waiting for book value plus. I've also believed for the entire time that the price to book gap will be closed very quickly when the momentum starts picking up.
check it out
It's called "bad news, good action"....I've been trading stocks for 20 years and I've found it to be one of the most reliable indicators that a stock is about to reverse trend.
The same can be said for "good news, bad action" events. This is usually a sign that there is no shareholder conviction and the stock is likely going lower.
Agreed. Also it appears that investors are getting less panicky holding AIG shares.....if this was 2 years ago and AIG missed quarterly earnings by 67%, the stock would be down 7% after hours.
This shows that Wall Street is starting to trust AIG's numbers, despite some of the quick money chasing hedge funds leaving AIG recently. Rising interest rates are coming and they will help AIG earnings also.