AIG will be a penny stock. It's nothing but an empty shell owned by the government now once you cut all the hocus-pocus crap.
My guess would be around 50 to 70 cents based on current calculations, but of course I am not sure how the FED is doing their calcs.
it will probably open at 2.50 or so then slowly deteriorate into penny stock status, similar to what FRE and FNM did