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Old 10-03-2016,
AgustinKasp AgustinKasp is offline
 
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Default Aig

Would AIG be a good short even though it shows that it is very oversold right now and that the momentum downward might be slowing down. It still shows that its bearish. So i was wondering if even though its at 13..... can it still possibly go down more?? I would figure that it would start going up since it is so low. And is it possible to short AIG. I am still learning and using charts now i just need to read some good books. Just wondering about yalls opinions. Thanks for all the help it is great help.
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Old 10-04-2016,
Akimtiuvd Akimtiuvd is offline
 
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As to shorting, its not on Penson's easy to borrow list.
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Old 10-04-2016,
aijorpidadf aijorpidadf is offline
 
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Since it is "so low"? Are you kidding??? AIG's price in the teens only because of a 1:20 reverse split. Before the reverse split it was less than $1.
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Old 10-05-2016,
Alekseymelt Alekseymelt is offline
 
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Correction: It was a bit over $1.
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Old 10-06-2016,
Alonsobem Alonsobem is offline
 
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AIG at 10 and change.

Seems as if the only purpose for a reverse split is to ensure that the equity share-holders' value drop from a 90% loss to a 99% loss.
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