AIG--i'm thinking the up side from here is more th
Post# of 415
AIG--i'm thinking the up side from here is more than the downside. that's just based on gov selling drying up, and these comments from the ceo:
Quote:
Mr. Benmosche and his team have publicly declared a series of "aspirational goals" for AIG's post-bailout future as the company refocuses around its global property-casualty unit and its U.S. life insurer. The goals include boosting AIG's return on equity to over 10% by 2015, slashing costs and deploying up to $30 billion in capital on share buybacks, dividends or acquisitions.
http://www.lloyds.com/news-and-insight/news-a...share-sale
AIG's p/e @ under 3 is vastly below it's peers, i think sometime before Q4 report this will do some catching up. i own jan 14 calls and will add on weakness.
(0)
(0)