AIG has been making a big move over the last little while, and i know its no where near a penny stock but i feel its important to mention because of its % increase over the last little while. AIG has been able make about a 500% increase since early July. The stock price has come from about $10 and just about up to $50 today!! Check out the chart and see for yourself.
Of course you'll notice that it has made a near 30% move so far today and this is largely based upon comments the CEO made, check that out here. This may seem like AIG has no where else to move now, however if you look at their chart after the reverse split they performed, the stock price equivalent before the crash was over $500. I think this shows that AIG still has potential to create big gains for investors. Granted they will not reach a level of $500 for years, if ever. But i think its worth watching as reaching $100 is not out of the question and if the price were to drop back around $30 i think it would be a very good investment.
3 comments:
AIG is interesting. Not sure where it's going short term.
keep 'em coming Brett
thanks!
I have been researching on the best ways to invest our money but, I have not heard anything about a penny stock. Actually my friend told me about penny stocks. I just want to know, is it a good way to invest our money in stock business?
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