AIG is a scam. At least its stock price. They did a 20-1 reverse split lately and if we look to the chart of the last 18 months one can measure what the damage is. Even better: it’s already heading back down. Now the reason behind is selling is compelling: people feel better about selling at 9 USD than at 0.40 USD. Even though the value might be the same. And shorters love this move.
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