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Beyond Trading downgrades AIG to Sell at $60.7

|Includes: American International Group Inc (AIG)

We have a long history trading American International Group (NYSE:AIG) published on the blog. Beyond Trading CEO wrote an article in 2009 giving AIG an upside within the range $58-63.

Our most recent recommendation in shares of AIG was to buy the stock at $32.35. Before this recent Buy recommendation at $32.35, the stock was one of the most profitable sell short opportunities during 2009-2010 at Beyond Trading.

 

Moscow Music House

 

Recently, we recommended to close long positions in AIG at $60.7 for a significant 85% swing profit, reversing to the short side.

 

"As soon as AIG hit $60.7 our CEO issued an alert to dump AIG at $60.7. We have a great NASDAQ.com real-time screenshot of the event taken in real-time."

Carlos

 

"We sold 500,000 shares of AIG as soon as Mr. Vieira informed us that in his opinion the stock had a limited upside above $60.7. We are quite happy Mr. Vieira helped us to make this decision since yesterday the stock closed at $51. We would have lost almost $5 million in profits. Mr. Vieira opinion is worth to be taken very seriously by any institutional investor in the market."

Private Institution, 2011

 

Beyond Trading is the world leader in Live Trading & Traders Education delivering professional training and consistent trading profits to investors in any stock market conditions