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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: sense who wrote (177072)8/23/2021 3:27:11 PM
From: Logain Ablar1 Recommendation  Read Replies (1) of 217802
 
AIG had the 20 for 1 reverse split in 2009 after the government bailout.

It was hard to short once the fall started from the $65 level (your $1,400). MS and GS knew the risk AIG has taken on. I have a friend who did take on some shares at 50 cents (your .0025) but he didn't make that much on the investment. The risk @ 50 cents was the government would own the company and the shareholders not receive anything (but the shareholders ended up with 20%).

Risk / reward.
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