American Airlines stock down 50%

[gojetsgomoxies]

looks like AA is BB- or close to that. not good.

[Big Bear]

American Airlines stock was trading around 30 dollars a share right before the Corona virus news broke.. Today it's hovering around 15 dollars a share. Dropped 50%!!!

It dropped in half and it's probably a great time to buy some shares!! I think it's a great investment. You just know when this Corona Virus crap starts to go away people will start flying again and that American Airlines stock is gonna rebound hard.

thanks brotha

[Enkhbat]

Wait till WHO calls this thing a pandemic.

[Big Bear]

are you guys sure about this stock?

what kind of upside we looking at?

[JIBBBY]

are you guys sure about this stock?

what kind of upside we looking at?

Simple logic is the planes aren't going anywhere and the AA stock was trading at 30 bucks a share when the Corona news broke.. Today it's trading at 15 bucks a share and some planes are grounded during the Virus scare..

You buy now at $15 a share and wait.. When Virus is done and gone the stock should rebound to $25 a share one would think at worst.. That's just using common sense. People need to travel and fly in planes eventually again...


Can always wait to buy to see if the stock goes down to $10 bucks a share. It might before this is all over..

[flyingillini]

They could be done. This could be historic. The stock could be worth nothing. People are afraid to fly. Anyone can catch this and it is not going away. It can live on surfaces. Get our of airline stocks while you still can get any money out of them.

[guitarjosh]

looks like AA is BB- or close to that. not good.

Moody's has AAL at B1 or Ba1, which is considered junk.

[flyingillini]

Wait till WHO calls this thing a pandemic.

Any day it will be a called a pandemic. Just wait until the WHO says it is a bio weapon and people that recovered are testing positive again. Anyone can get this. It is not going away.

[no1here]

Virus is spread by money therefore not stopable. Travel will be reduced to none as well as banks and stores.

[Big Bear]

Simple logic is the planes aren't going anywhere and the AA stock was trading at 30 bucks a share when the Corona news broke.. Today it's trading at 15 bucks a share and some planes are grounded during the Virus scare..

You buy now at $15 a share and wait.. When Virus is done and gone the stock should rebound to $25 a share one would think at worst.. That's just using common sense. People need to travel and fly in planes eventually again...


Can always wait to buy to see if the stock goes down to $10 bucks a share. It might before this is all over..

so lets say I put 5K on American Airlines

how much cheddah we talking?

I would make like 50K if my math is correct right?

[Big Bear]

Virus is spread by money therefore not stopable. Travel will be reduced to none as well as banks and stores.

in the meantime lets hope airline ticket prices plummet

I want to do a bunch of traveling

[vitterd]

Thanks Trump

[cincinnatikid513]

in the meantime lets hope airline ticket prices plummet

I want to do a bunch of traveling

u only places u travel are in ur mind fraud

[Big Bear]

u only places u travel are in ur mind fraud

dude you are like a cat or something

everywhere I go, you follow me

go post a soccer play or something

[cincinnatikid513]

dude you are like a cat or something

everywhere I go, you follow me

go post a soccer play or something

go try and catch the coronavirus

[MinnesotaFats]

Wonder if AA prebought fuel for the year

Going to lose $$$ every gallon they burn

[Big Bear]

go try and catch the coronavirus

[chico2663]

Simple logic is the planes aren't going anywhere and the AA stock was trading at 30 bucks a share when the Corona news broke.. Today it's trading at 15 bucks a share and some planes are grounded during the Virus scare..

You buy now at $15 a share and wait.. When Virus is done and gone the stock should rebound to $25 a share one would think at worst.. That's just using common sense. People need to travel and fly in planes eventually again...


Can always wait to buy to see if the stock goes down to $10 bucks a share. It might before this is all over..

it was trading for 33 dollars a share when i dumped it last july. just spent 600 hundy buying back today

[chico2663]

Wonder if AA prebought fuel for the year

Going to lose $$$ every gallon they burn

cost of lugage just went up.

[Thor4140]

Republicans and bailouts here we go again. Wash, rinse, and repeat.

[JIBBBY]

Republicans and bailouts here we go again. Wash, rinse, and repeat.

Didn't the Dems and Obama bail out the banks? Sent us into massive debt, cost trillions.. Democrats and Obama are responsible for adding 9 trill to our National Debt which is the most of any President in US history.

Now what were you saying?

[Optional]

Didn't the Dems and Obama bail out the banks? Sent us into massive debt, cost trillions.. Democrats and Obama are responsible for adding 9 trill to our National Debt which is the most of any President in US history.

Now what were you saying?

Are you sure you aren't thinking of the bank bailout bill GW Bush pushed through before his term ended

[Optional]

https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008

[JIBBBY]

Are you sure you aren't thinking of the bank bailout bill GW Bush pushed through before his term ended

Bush Jr was an idiot also. I didn't vote for him.

[Thor4140]

Are you sure you aren't thinking of the bank bailout bill GW Bush pushed through before his term ended

OP jibby is not a very informed person. He has pretty much been wrong about everything and now any person with a brain takes his stock advice should be taken out behind the barn and shot

[Optional]

Bush Jr was an idiot also. I didn't vote for him.

Did you know that the tax dollars he gifted the banks were enough to guarantee the mortgage payments on all the defaulting loans for more than 5 years?

If he had done that whilst all the debt was restructured, probably 1 or 2 years, the effects on working class Americans would have been almost nullified.

But that is just too much of a "socialist" thing to do. Better to spend a bunch of the peoples money bailing out the ones that created the problem than the victims. As that would be a dirty liberal policy

[JIBBBY]

OP jibby is not a very informed person. He has pretty much been wrong about everything and now any person with a brain takes his stock advice should be taken out behind the barn and shot

Relax Thor I make and have money and am very wise and careful with the financial decisions I make in life. That's why I'm retired today and never have to work another day in my life if I don't want to.

That doesn't happen in life by making poor financial decisions Einstein..

[Thor4140]

Relax Thor I make and have money and am very wise and careful with the financial decisions I make in life. That's why I'm retired today and never have to work another day in my life if I don't want to.

That doesn't happen in life by making poor financial decisions Einstein..

I call them like I see them jibbers. No need to get hostile

[RudyRuetigger]

I love democrat ideology


they all think we should be equal....unless it includes themselves...professors/politicians as examples

[stake1]

I love democrat ideology


they all think we should be equal....unless it includes themselves...professors/politicians as examples

Can say that again!

[cincinnatikid513]

gonna give it a try at this investing stuff will be more exciting than sportsbetting

[JIBBBY]

I call them like I see them jibbers. No need to get hostile

Thor you're a total Lib and I certainly don't agree with your politics but you're still my boy, I'm not hostile.. A little defense maybe at times but certainly not hostile towards ya bud ..

[chico2663]

Did you know that the tax dollars he gifted the banks were enough to guarantee the mortgage payments on all the defaulting loans for more than 5 years?

If he had done that whilst all the debt was restructured, probably 1 or 2 years, the effects on working class Americans would have been almost nullified.

But that is just too much of a "socialist" thing to do. Better to spend a bunch of the peoples money bailing out the ones that created the problem than the victims. As that would be a dirty liberal policy

not sure if it was denmark or norway. They put the top 2 bankers in jail. Wrote off the excess underwater. eg if you had 100,000 house but owed 150,000.they rewrote the loans and the recovery of that country was in 3 yrs.

[khicks26]

Did you know that the tax dollars he gifted the banks were enough to guarantee the mortgage payments on all the defaulting loans for more than 5 years?

If he had done that whilst all the debt was restructured, probably 1 or 2 years, the effects on working class Americans would have been almost nullified.

But that is just too much of a "socialist" thing to do. Better to spend a bunch of the peoples money bailing out the ones that created the problem than the victims. As that would be a dirty liberal policy

You can blame Bush all you want. Obama gets most of the blame for this though.

[Big Bear]

They could be done. This could be historic. The stock could be worth nothing. People are afraid to fly. Anyone can catch this and it is not going away. It can live on surfaces. Get our of airline stocks while you still can get any money out of them.

it can live on surfaces?