well citi was a buck at it's low and even after the r/s it's still worth 3 times that...aig skyrocketed after r/s ...you're just being a strawman...community banks will be strong as more people protest the large institutions....actually your thesis and analysis of citi and aig support this idea
".rs worked for aig"
AIG got bailed out by the government to the tune of 182Billion and they still owe the Fed about 100Billion.
What "worked" for AIG, so far anyway, has screwed the taxpayers.
Yep, your tax dollars put to work by those who know how to spend em, your government.
FNBN has to do a R/S and to see another example of how it worked, look at Citi Bank.
But GLTY and anyone with anything but a very short term trading mentality.
No, I say 20.....check out their other deal CPF...they traded 3x what insiders purchase was before the '20' split. TODAY CPF announced second earnings after the merger..estimates were .15eps and they reported .28! COMPARE this one to CPF...same guys doing this deal did that deal :) No worries here.
just wrote a long reply that for some reason hasn't posted..rs worked for aig..98% owned by the 2 investment firms..should be okay..almost 2 billion shares out right now..50-1 even 100-1 is reasonable