Clearly they are clueless. While this risk may be lower on LCC, the UPSIDE for AAMRQ still is a double.
If you have done your homework, you would know AAMRQ converts to a new share price upon merger. JP Morgan stated today at 75% of merger
For S-ts and Giggle, lets say LCC is $26 on merger date. Mind you analysts are saying as much as $30. That $26 converts to $18.52. That's A DOUBLE
Go ahead and sell. No need for idiots on this board anyway
Did you include the $7 bil in cash that AAMRQ has and $3.5 bil cash LCC has?
Hello Fish, I always value your opinion. What do you think about mkoumaris post? Thx.
what was the post