[[AIG]] now up 64% to $22.14, helping to make financials the only S&P sector gaining today. Analysts expect the insurer to report a profit on Friday and it changes CEOs on Monday. A squeeze may be on. [View news story]
Now that the hectic day is over, I looked up the outstanding shares on the May 10Q for the 1st quarter. I divided by 20 to account for the reverse split. So today's volume was 99.59% of the outstanding shares. 134,692,347/(2705,000,... or 134,693,347/135,250.000
And the bankers want to win back the public trust. Something does not smell right here but I guess the SEC will maintain they are clueless.
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Now that the hectic day is over, I looked up the outstanding shares on the May 10Q for the 1st quarter. I divided by 20 to account for the reverse split. So today's volume was 99.59% of the outstanding shares. 134,692,347/(2705,000,... or 134,693,347/135,250.000
Aug 05 18:13 pm
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All Comments by farmer448 »[[AIG]] now up 64% to $22.14, helping to make financials the only S&P sector gaining today. Analysts expect the insurer to report a profit on Friday and it changes CEOs on Monday. A squeeze may be on. [View news story]
And the bankers want to win back the public trust. Something does not smell right here but I guess the SEC will maintain they are clueless.