American International Group (AIG) NewsBite - AIG Covered In Lee Allen Report Today

Posted: Friday, October 10, 2008 10:12 AM EDT

American International Group (AIG) was covered in a Lee Allen Report today and the stock is now at $2.05, down $0.34 (-14.23%) on volume of 41,972,248 shares traded. To see the report, and Lee's thoughts on "sin stocks," go to http://www.iotogo.com/la100908 . Over the last 52 weeks the stock has ranged from a low of $1.25 to a high of $68.76. American International Group stock has been showing support around $1.74 and resistance in the $3.70 range. Technical indicators for the stock are neutral and S&P gives AIG a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for AIG. [ABR-Seven Summits Strategic Investments NewsBite]

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