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American Airlines Group Inc. Message Board

  • fuzzhead72 fuzzhead72 Jul 31, 2014 6:43 AM Flag

    Now that the average person thinks AAL is worth less than $40.....

    With the ~10% drop over the past 4 days, I guess the average investor now thinks that American Airlines fair price for the stock is down closer to $39 instead of the $47-$48 a lot of folks were talking about. I'm a bit surprised by this, especially with the announcement of a dividend, which I thought just about everyone was hoping for. I thought that a dividend announcement would lead to a bunch of institutional buying, and buying from the folks like an older friend of mine who won't consider ANY stock unless it is paying a dividend. I also liked that they were paying down the debt faster - any mention of that makes me happy.

    Evidently there is a LOT more short term viewpoint controlling this stock than long term, or at least that would have to be my conclusion after watching this happen.

    Do you see continued weakness in this stock continuing for some time, or do you think it will rebound?

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AAL
42.37+0.40(+0.95%)May 29 4:00 PMEDT