Last time I looked, AIG was trading almost at $24 post split date and now it is below $15. I think the shorts knew what they were doing, including me, although I purchased PUTS. I sold my PUTS when the stock went back to $12 and now I am back in on the Nov 15 PUTS.
This company has very negative news announcements almost daily and with the economic problems of the US and Obama as President and the Democrats in charge who we know hate success, I don't think it will take much for it to drop down a lot. However, I have a 20% stop set just in case.