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+--- Thread: I love how AIG screwed me (/Thread-I-love-how-AIG-screwed-me)
I love how AIG screwed me - nj593 - 08-06-2009
I love how I bought like 100 shares of that company at a buck. It barrels towards good highs now in the $20.00's and they did a reverse split weeks ago. AHHHH. So needless to say i have 4 shares.
I love how AIG screwed me - Chebasaz - 08-07-2009
Yeah, had a few thousand shares myself that I picked up at 50 cents before the bailout news hit and the price jumped back up. It had been performing well right up until the reverse split. R/S bumped the price to $20, and then the market quickly slapped it down to $14. Pretty much destroyed the gains I had made. It's now back above $22 but I still don't trust it. Meh, was a gamble in the first place so I can't complain too hard if it tanks.
I love how AIG screwed me - nj593 - 08-08-2009
Chebasaz Wrote:Yeah, had a few thousand shares myself that I picked up at 50 cents before the bailout news hit and the price jumped back up. It had been performing well right up until the reverse split. R/S bumped the price to $20, and then the market quickly slapped it down to $14. Pretty much destroyed the gains I had made. It's now back above $22 but I still don't trust it. Meh, was a gamble in the first place so I can't complain too hard if it tanks.
Hell you are talking about a couple of thousand shares though. Even if you ended up with 500 shares at the current price thats a nice chunk for buying at .50cents. good for you!I wish FNM would do that already. I have 500 shares. Even if they reverse and I end up with 100 and it spikes to $20. I will make a profit. But this whole 40cents to 80 cents for months is killing me.
I dont know how its even still traded at those rates.