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American International Group (AIG) Moving In A Congestion Zone
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Posted on 11/25/09 at 1:02pm by Mark Moneymaster
American International Group Inc. (NYSE: AIG) has been authorised to pay its CEO Robert Benmosche's $7 million in compensation, after it laid to rest concerns that he might quit his post. This breaks down into a cash and stock deal in fully-vested Amercian International Group Inc. (AIG) stock, which he can't sell for five years.
American International Group Inc. (AIG) stock has been hovering between $34-$39 level, and at $34.75, with symmetrical triangle between its moving average and daily charts, is yet to give clear signals of moving up.
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