Replies to post #3899 on American International Group, Inc. (AIG)

[research177]

cincy45069, Major reforms needed to get this market revived and desirable again. Many hedgies lost a lot of money when the short ban was on and they will fight the resumption of the uptick rule. I hope they lose that fight.

Citigroup was given a bunch (a humongous amount more than they got from Greenberg and his AIG share hedge deal) of shares in Allen's Charter to short a few years back in exchange for loan money and the thing rose a few hundred percent sucking people into it high right before they shorted it back down to about a little below a dollar. CHTR has only gotten pretty much a worse share price in the more recent years after the contract was over with. Deals like that poison investor loyalty. Citigroup seems to short quite a bit. Have to keep an eye on what Citigroup is up to in the markets.



JMHO DYODD

[Arnold25764]

It's because there is so much volume on these stocks!!! IMO.