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why has AIG 's stock been rising this week.

Posted on 4/16/09 at 7:54 pm
Posted by CrimsonTusk
Tuscaloosa, AL
Member since Feb 2009
2794 posts
Posted on 4/16/09 at 7:54 pm
I bought up a few shares for fun when they were taking a beating in the press. Then from what I could tell from their ceo it seems the plan is to dissolve AIG, but the stock has risen up to 1.70$ I figured someone could enlighten me.
Posted by 33LSU33
Member since Jul 2007
9468 posts
Posted on 4/16/09 at 9:59 pm to
I bought 100 shares @.99 just for the hell of it
Posted by SugarBeauxl
Chicago
Member since Nov 2008
1079 posts
Posted on 4/17/09 at 12:01 am to
I bought 5,000 shares at .99. Big risk, but possible huge gain.
Posted by threesheets
Member since Oct 2007
423 posts
Posted on 4/17/09 at 11:55 am to
More than just fundamentals effect price movement. It's being traded on buy and sell volume.
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