Seeing that AIG has reverse split it stock for 20:1 ratio, may investor have already lost 30% since yesterday. And they are really upset about this whole fked up thing. Even the govt did not helped the investor (The Govt is forgetting that these investor are also tax payer and they are top 20% tax payer in US. Now this is called ripping off.
Here' some of my favorite comment posted by supposedly stock holder. I am in no way responsible for these comments. (Sorry)
"I am new to this...I want to know,
I bought at 1.40, and now reverse split (20/1) how much do i have?
and is it good or bad? sell or hold?
Please help.. thanks "
This guy is totally lost in some wonderland. Dude you lost. Get a life and understand.
"Etrade does not allow you to short it. Some scammer on the board told
me Scott trade can do it while sending me his referral code. I don't
trust this loser. I believe this stock will definitely go under $2
again. It is a Zombie company already. If you find a way to short
it, please let me know. I will really appreciate it."
This has to be Cramer student. Not sure how he is going to do it but he is bend upon to short AIG. Good Luck Joe
"Why would institutions buy a stock that is 80% owned by the
government? I did own 3,000 shares and now own a whopping 150 and
lost 1/2 my money. If it doesn't go up tomorrow I will take my losses
and sell. My gut tells me this stock is going to tank. Only reason
people bought before is because it was so cheap. I just don't see
people paying $18-20 a share to own this stock. That's my opinion
anyway and I sure hope I am wrong! If anyone feels the opposite I'd
love to hear why you think otherwise."
The most sensible guy on the board. Still he is losing money.
Bob say "One idea i have been going over on why gov dropped the money in AIG
when it did is this:
gov. invested in it at the time so to prevent it from effecting a
global economy with its crash. In essence the gov. bought the world
some time to reorganize and plan a future without AIG. This time has
been used by AIG to stabilize and sell its core profitable businesses
while slowly converge to a leftover non-functional company. This
would reduce its impact on the world economy upon its collapse. So
they will work hard to pay back as much as possible of the loan, but
when they tank, the gov. will step in and say "Well, we knew it
wouldn't last, BUT we were able to mitigate its effect and are in a
better position because of it" - no one can say a thing after that.
Hope this made some sense, and I hope I am wrong on this
assumption .... "
Yeah Blame everything on govt.
And the best
" can't believe AIG just Ripped me off, 20:1 reverse split!!!!!!!!
Are you kidding me?????
I hate when companies pull the 'ol "reverse split" scam.
Now my share count is down and the stock will fall back to a buck
twenty.
What a disappointing day "
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