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Discussion in 'American Airlines | AAdvantage' started by Titans26, Aug 3, 2011.
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How low will it go? What is the future of AA?
Not sure maybe a good time to invest. Could be a good gamble as to whether buying all these extra planes will really help or not. I really wish i invested in the airlines right after their bankruptcies
Penny stocks anyone?
If only I.......
I was lucky & did ok with United & Hilton stock but then realized the only reason I invested in them is I liked the brand due to flying/staying with them frequently. Not a very wise investment strategy
I doubt pennies but could see it going to ~$1.50 perhaps lower if the economic recovery keeps stalling (I mean falling)
This dog with fleas was as low as 2.55 back in '09 when the market's sky was falling. May test that number as support since its relatively close.
AA are acquiring these aircraft with operational leases, not buying them. And AMR have never gone bankrupt.
less than $2 and i might buy. Not even entertaining it til then
"The Captain has turned on the seat belt sign. Please fasten your seatbelts. We are expecting a bumpy ride ahead".
There's a first time for everything . Sorry for my generalization of the industry in my previous post. I keep hearing AA would be better off today if they had.