AIG Poised for Another Day Of Strong Gains (AIG)

American International Group (NYSE: AIG) is poised for a strong open today. Trading in pre-market indicates an open of around $54.00/share or 11.75% above yesterday's close.

The company has been very volatile with huge volume over the past several months. If it does open at the $54 level it will mark the highest price the company traded at since the market crash in September of 2008.

Many analysts and investors view the company as extremely overvalued, evidenced by the short interest in the stock close to 20%.