AIG 10% Drawdown

Discussion in 'Stocks' started by alexandercho, Feb 27, 2010.

  1. Is this a spoof or will this sucker rally again?
  2. I am not sure why you used the term "drawdown".


    Definitions of drawdown on the Web:

    The Drawdown is the measure of the decline from a historical peak in some variable (typically the cumulative profit of a financial trading strategy).

    The peak-to-trough decline during a specific record period of an investment or fund. It is usually quoted as the percentage between the peak-to-trough. ...

    The "drawdown" of AIG is from 990 to 25. 97.5% not 10%.
  3. oh ok fine if you want to get technical. I'll call it a gap down. How about that? Regardless you still haven't answered my question, is this fake or do you think this sucker will rally on Monday?