With the highest alert and man hunting everywhere. Do anyone real thinking ISIS will come out and try to do something? This is the most safety time.Next Monday after nothing happen the market will shoot up.
"AAL has a debt problem", talking about the debt, we have to look at "current ratio' as well. AAL has a current ration of .97, DAL .68 and UAL .75. of these three AAL is "the most capable of paying its obligations". Of cause, we can not expect every investors thinking the same way. That is why when we are buying others are selling. Time will tell.
Debt is an issue for most business but not at AAL case. Dead Fish follow the book not the common sense. When each shares of stock got buy back we all make money, only didn't get pay right away.
I appreciate your contribution to this board in the past. This is my opinion, and only my opinion : On Friday morning, If it gets over $50 it will go to $54-54.99. If it pulls back from $45 it won't go down too far (high $30?) since the buy back is still there and the company is profitable. If it breaks $55, who knows? and we probably don't even care. Ignore the MB here, watch the big boy ( institutions) they own 61%+ of this stock. Their move will decide what the price will be not these guys on the MB. The completion of the merger removed one of the reasons for them not to own this stock. They withdraw at 1st Q (like you and me after we made all the $). Is there a reason for them to come back now? Will they get in now because they are seeing a good Jan/ Feb 2016? Or they will wait until later because they are seeing a better April/May 2016 and aren't not quite sure about 1st Q of 2016? This is what I am trying to figure out.. No matter what you are thinking about the above three scenarios, prepare for what will you do if any one should happen. Before ER, greed, fear & hope shall have no place in your mind.
100 years ago somebody wrote: These are the three enemies you have at the investment on stock market. Today, human being's DNA has not changed.Years ago I get into AAMRQ at 28c I sold It and then brought it back at $4+. At that time, I was reading people like Todd and whoever I forgot , he put a web site for his beer money. I wasn't smart enough to came out all the details analysis as they were. All I did was : Not be greed, not be fear and not just hope. All the posts here before ER have no different than those posts before last ER and the one before then and the one before then...............I was lucky to hold my 80,000 shares, It had give me a comfortable live and support my family. USA is a great country!
Some people cut back today before tomorrow's merge. This will be the last chance to buy before merge complete and ER. If merge going fine tomorrow the price will shot up on Monday's opening.
I got this from Wikipedia, the company look ok but ,,,,,,,,,,,"In April 2014, former Evercore banker Perkins Hixon pleaded guilty to insider trading in the securities of Evercore, Westway Group Inc. and Titanium Metals Corporation from 2010-2013. He resigned from the company earlier in 2014."