Don't Panic, AMR Shareholders! Your Investment Is Still Intact

Discussion in 'American Airlines | AAdvantage' started by Newscience, Dec 12, 2013.  |  Print Topic

  1. Newscience

    Newscience Gold Member

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    Don't Panic, AMR Shareholders! Your Investment Is Still Intact

    By Alexander MacLennan
    December 11, 2013 |
    The bankruptcy of AMR (NASDAQOTH: AAMRQ ) , parent company of American Airlines, has been a wild ride for investors. After seeing shares become nearly worthless following the initial bankruptcy filing, shares rocketed after the reorganization plan called for AMR common shareholders to receive a stake in the new American Airlines Group (NASDAQ: AAL ) . But a recent development in the American Airlines/US Airways merger has caused many AMR shareholders to panic. Taking a closer look at company documents, these fears are greatly exaggerated and there is likely still significant value left over for AMR shareholders.

    Read the entire article here:

    http://www.fool.com/investing/gener...-amr-shareholders-your-investment-is-sti.aspx
     
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  2. Canadi>n
    Original Member

    Canadi>n Gold Member

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    Interesting. Any idea when AA shares will start trading again? I show both old and new listed at $25-$26 but no trading since Monday's "new AA" emerged.
     
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  3. davef139

    davef139 Gold Member

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    Its been trading since Monday. I have already bought and sold some.
     
  4. Canadi>n
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    Canadi>n Gold Member

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    Right, I was able to buy some earlier this week after all. Up $1.25.
     

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