I've been in business for well over two decades and I know how to read an 8K. It is not by coincidence that I posted the S&P understanding of the 8K above. Sorry my friend, but your understanding of what is transpiring is incorrect. Don't feel bad, others are confused as well. If your understanding was remotely true, AIG would be trading much higher and the S&P target price wouldn't be $5.50. Think of it this way, there isn't a single analyst out there that has a $12 target price.
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@VivaVegas
Sep 24 12:48 pm
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All Comments by Saul Sterman »AIG: Closing My Long Position [View article]
I've been in business for well over two decades and I know how to read an 8K. It is not by coincidence that I posted the S&P understanding of the 8K above.
Sorry my friend, but your understanding of what is transpiring is incorrect. Don't feel bad, others are confused as well. If your understanding was remotely true, AIG would be trading much higher and the S&P target price wouldn't be $5.50.
Think of it this way, there isn't a single analyst out there that has a $12 target price.