Aig

[AgustinKasp]

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.

[Akimtiuvd]

As to shorting, its not on Penson's easy to borrow list.

[aijorpidadf]

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.

[Alekseymelt]

Correction: It was a bit over $1.

[Alonsobem]

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.