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American International Group, Inc. Message Board

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  • austinag3 austinag3 Jun 30, 2009 12:39 PM Flag

    Conflicting links on reverse split

    Looks like latest news does confirm that the 1:20 reverse split will happen later today (Tuesday).

    The stock may drop 20-30 percent, at most in the next day or two, but I believe that it will head significantly higher once the weak hands have exited.

    At least the proposal to increase the authorized number of shares did not pass.

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