Wow, this stock is all over the place, isn't it? It seems like it must be jumping around based on whatever rumor is going around at the time. When it goes one way or the other, it can go pretty quickly. I wonder what it would take for it to stay up over $20 again?
I have a couple of accounts that I was going to close, but am holding open because of a potential final AAMRQ distribution. I have been told that if I close the account, I lose the potential distribution, and that also there is no way to transfer it to another firm, since it is not an actual stock.
So, I guess I'm here holding these accounts open, until we hear something. I was hoping that American might have all of this finalized by the end of the year. Any news?