American International Group, Inc. (AIG)

[santa]

Actually alot of what AIG has done in the last few month can be explain technically. I have been proved wrong about the trading range and now it looks like the way a typical pink sheet stock trades (Advances and declines narrow as the PS goes averaging lower). That being said I think all this will be over with once the asset selling starts and people can get a handle on the forward direction of the valuation of this mega-to-leaner coorporation! Liddy said all this should be done by mid summer next year but start before end of this year. Forward looking I believe the stock will correct to the upside once selling none core assets starts most likely taking a conservative PS acceptance as to how well they will do. Then it will move higher next year as the CEO proves himself as he has already done before at allstate. I look at 10 by end January and 20 by end next year! Liddy will be smart to keep the mix of value divisions that are based in the core business while selling other valuable assets that gain high $$$ for the buyback. He is smart and I believe will know how to play out the mix and play it out well! Too many people/govt are watching him. JMHO!