Wednesday, August 5, 2009

AIG is moving into positive territory

AIG stock is flying up again( about 22% up as of right now) in anticipation of good earning s for Q2. Analysts estimate is 1.31 per share which is higher than for many companies in S&P 500. It could be the first positive quarter since the monumental collapse last year. I have been waiting for this moment. Lets see what the actual earnings are though. But if its going up right now chances are that good news already leaked somehow.