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Did anyone buy AMR at $.26 a share?


Kitten Diver

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They reissue new share so the ones now are useless. Sure you can play around right now but I wouldnt play to long. AMR is in real trouble but they wont go away just need to restructure and get rid of some debt. Their biggest problem is pension which unlike other airlines they cant dump onto the US government.

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looks like they are down 50% from their average right now..hmm. I'm more of a novice at the market but arent airline stocks generally risky anyway?

Airlines are either boom or bust. When they are making money they are gold mines. But once they start having trouble they can lose millions easy. Worst business in the world to be in.

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