AIG: Options

After reverse splitin, it seems that AIG is not going to come out of trouble land. Its has been tring hard to adjust in these time of fear and recession. However, after investor approved the 1:20 reverse split, AIG was down to 13-14 $ during premarket to only open at 19-20 $ mark.

However, the option where issue before this split, are going to remain same, i.e., instead of 100 share now, the exercised option will get 5 share of AIG.

Will this reverse split help AIG to come out their troubled past, onlt time will tell. A

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