If you read the 500 pages contract Bear you will read "Might"
AAMRQ entered a deal to get 3% that was part of the deal you need to understand that..
When you get a gift, a freebe, of 133 AAL shares, how is that a screwing? Get a clue will yuh.
You folks really don't know what is going on do you? How the hell do you invest your money when you don't know the deal? The 3.5% is only tied to the bonus the AAMRQ folks get on merger date. Not 6.65% of anything for anything.
IMO, far too much for day traders, inc. insti. day traders.
Unknown to me who they were.
Could see some pressure today now that AAL stock has hit more accounts.
The AAMRQ board is even worse! I don't think these are shorts. Doesn't make sense.
Never doubt the power (and prevalence) of stupidity. They are stupid lucky money.
Scottrade guy i talked to was an idiot,you have not lost any value.In fact unless AAL dips below LCC 20 day average your value is dollar for dollar plus a .0665 gift.This conversion will happen in 4th's.As confussing as it is for my #$%$ i can't believe Scoottrade missled me,you and others to believe you lost 75% of your equity,its gonna be sweet so just put your Teddy Bear down and breath :)
They are the trolls. Every message board has them - trolls who post spurious information or trolls who claim to be master traders and will post " I bought/shorted 10k of such and such " when they probably don't even have a trading account...
It's called a merger. Yout get 1 to 1 shares but there are more total outstanding shares and a higher market cap. Why do you want additional equity?
I concur. However, sitting at $25/share is pretty sweet, don't you think. Not being stuck at $15-16/share is in fact a bonus. Analyst targets between $30-37/share is also a perk that would not have come about without the merger.
Sentiment: Strong Buy
When Parker was heading AmericaWest and they did the same tag wagging the dog merger with US Airways the AmericaWest common got a "bonus" because they were the ones that "saved" US Airways. Seems like the same play here. This thing would not have happened if Parker did not want to grow so bad. But all the "bonus" money was paid out to everyone else instead. It does not matter what happen later this summer after the deal was done. There is still one more chance this bonus will come our way. The convertible debt PR released late yesterday says the debt will now be convertible into cash or AAL stock AT THE COMPANY'S OPTION. If we are lucky, they might chose to use the landing slots money and additional money to pay off the debt in cash instead of diluting the stock more. That was where everyone was confused about the merger when it broke. Common sense says they would do it with shares, but if they made a lot of AMR people whole on this deal, they should remember who wasn't. We never got the bonus for doing the deal in the first place. Doubt it will happen, but it should. Otherwise, what did we get before the tide rises for all boats now? CTR
But I went from $3 to $12 so not so bad,I was afraid of holding ,but I bought the new AAL!
Hey JML. I've been working on figuring a new formula out based on the 8k. Can you explain your numbers so i can better understand your reasoning. I'm sure you're ability to get to a reasonable formula far surpasses mine. Thanks!
Thanks so... much, you've made my tear came out, Have you heard that people sometimes lough so loud when they feel so sad and crying when they’re happy to have someone care & understand them? That is my feeling now. My dear friend... God always bless you.
Bye..... And promise won't come back again and sorry for my poor English to bother you guys.
I'll sleep well tonight.
If you really need help and do not follow what is going on, and have aamrq bought at 4.00 for about 14000, just keep selling as AAL comes to your account. You will likely get at least 50,000. If you keep all of it for 120 days or more you may get 50000 to 70000.
You may sell half and keep half if want to take some risk but do not follow what is going on!
Lcc will automatically convert to aal 12-10-13 Optins will also start trading Tuesday morning 10-10-13