AIG Trade on Feb 15, 2017 09:32 from RobEsposito20: Tradervue User Stock Trades.

AIG was in play due to reporting a huge quarterly loss. I was looking at 63 pre market as the level to get short. Just before we opened it broke 63 and shot down I wanted to wait until we made a new low. I covered this trade way too quickly and made too many execs. The daily support wasn't until 60. I need to make more money in a set up like this.

Shares of American International Group dropped 9 percent Wednesday after the insurance giant reported a huge quarterly loss.
The company reported a fourth-quarter loss of $2.96 per share after the company took a $5.6 billion charge from a prior year adverse reserve development.
CEO Peter Hancock told CNBC's "Closing Bell" on Tuesday said the charge needs to be looked at together with the "very substantial" reinsurance transaction it recently undertook with Berkshire Hathaway.

The company agreed to pay Berkshire about $10.2 billion last month to take on some long-term risks on U.S. commercial insurance policies already written by AIG.
Analysts at Sandler O'Neill + Partners said in a Wednesday note that, excluding the $5.6 billion charge, the company posted a profit of 62 cents, still below its expected earnings per share of $1.14.
They also said: "AIG changed its segment reporting enough that much of our earnings model is not comparable with its fourth quarter reported results. … All segments have been restated such that no historical segment data is comparable."

Float - 1.2B
FS% - 2.84%
ATR - 1.27
AVOL - 5.71M
RVOL - 6.0