InvestorsHub Logo
Followers 253
Posts 28394
Boards Moderated 4
Alias Born 07/07/2004

Re: IL Padrino post# 2461

Thursday, 06/25/2015 11:27:04 AM

Thursday, June 25, 2015 11:27:04 AM

Post# of 2553
Citi and AIG reverse split during the worst days of The Great Recession when their NYSE listings (and very existence) were in jeopardy. The key ingredient in their recent success was that their business and the stock market turned about after the gloom of 2009.

You can't compare CITI/AIG with the reason pennies RS... to continue printing shares. With ARR the low price was probably because it paid excessively high dividends, used way too much leverage and seems to be poorly managed. ARR ain't CITI!

"Citi and AIG both did R/S's a few years ago and are doing just fine."

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ARR News