Navivest Stocks and Options Blog » aig http://www.navivest.com/blog Stocks and options trading ideas and market commentary. Fri, 23 Jul 2010 17:40:17 +0000 en hourly 1 AIG Stock Rallying http://www.navivest.com/blog/2010/05/aig-stock-rallying/ http://www.navivest.com/blog/2010/05/aig-stock-rallying/#comments Fri, 07 May 2010 18:05:34 +0000 Navivest http://www.navivest.com/blog/?p=353 Shares of troubled insurer AIG (AIG) are a standout today, after the company this morning reported a 2010 Q1 profit of $1.4 billion, compared to a $4.35 billion loss in the same period a year ago.

At 2:03 PM, the stock is up $3.10 to $39.

]]> http://www.navivest.com/blog/2010/05/aig-stock-rallying/feed/ 0 AIG Shares up 10% http://www.navivest.com/blog/2010/03/aig-shares-up-10/ http://www.navivest.com/blog/2010/03/aig-shares-up-10/#comments Wed, 10 Mar 2010 16:22:48 +0000 Navivest http://www.navivest.com/blog/?p=125 Shares of AIG are up $3.32 to $36.09, a gain of 10.13%, on almost three times the normal volume the past three months. The stock has gone from a low of $24.99 just six days ago.

With a better than 22% of the stock being short, short traders are covering their positions and that is helping to provide additional momentum in the stock.

We could possibly see the stock advance to the $40 area.

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