American Airlines stock down 50%

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  • gojetsgomoxies
    SBR MVP
    • 09-04-12
    • 4222

    #36
    looks like AA is BB- or close to that. not good.
    Comment
    • Big Bear
      SBR Aristocracy
      • 11-01-11
      • 43253

      #37
      Originally posted by JIBBBY
      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
      Comment
      • Enkhbat
        SBR MVP
        • 04-18-11
        • 3145

        #38
        Wait till WHO calls this thing a pandemic.
        Comment
        • Big Bear
          SBR Aristocracy
          • 11-01-11
          • 43253

          #39
          are you guys sure about this stock?

          what kind of upside we looking at?
          Comment
          • JIBBBY
            SBR Aristocracy
            • 12-10-09
            • 83686

            #40
            Originally posted by Big Bear
            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..
            Comment
            • flyingillini
              SBR Aristocracy
              • 12-06-06
              • 41219

              #41
              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.
              המוסד‎
              המוסד למודיעין ולתפקידים מיוחדים‎
              Comment
              • guitarjosh
                SBR Hall of Famer
                • 12-25-07
                • 5797

                #42
                Originally posted by gojetsgomoxies
                looks like AA is BB- or close to that. not good.
                Moody's has AAL at B1 or Ba1, which is considered junk.
                Comment
                • flyingillini
                  SBR Aristocracy
                  • 12-06-06
                  • 41219

                  #43
                  Originally posted by Enkhbat
                  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.
                  המוסד‎
                  המוסד למודיעין ולתפקידים מיוחדים‎
                  Comment
                  • no1here
                    SBR Hall of Famer
                    • 03-23-09
                    • 5914

                    #44
                    Virus is spread by money therefore not stopable. Travel will be reduced to none as well as banks and stores.
                    Comment
                    • Big Bear
                      SBR Aristocracy
                      • 11-01-11
                      • 43253

                      #45
                      Originally posted by JIBBBY
                      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?
                      Comment
                      • Big Bear
                        SBR Aristocracy
                        • 11-01-11
                        • 43253

                        #46
                        Originally posted by no1here
                        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
                        Comment
                        • vitterd
                          Restricted User
                          • 09-14-17
                          • 58460

                          #47
                          Thanks Trump
                          Comment
                          • cincinnatikid513
                            SBR Aristocracy
                            • 11-23-17
                            • 45360

                            #48
                            Originally posted by Big Bear
                            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
                            Comment
                            • Big Bear
                              SBR Aristocracy
                              • 11-01-11
                              • 43253

                              #49
                              Originally posted by cincinnatikid513
                              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
                              Comment
                              • cincinnatikid513
                                SBR Aristocracy
                                • 11-23-17
                                • 45360

                                #50
                                Originally posted by Big Bear
                                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
                                Comment
                                • MinnesotaFats
                                  SBR Posting Legend
                                  • 12-18-10
                                  • 14758

                                  #51
                                  Wonder if AA prebought fuel for the year

                                  Going to lose $$$ every gallon they burn
                                  Comment
                                  • Big Bear
                                    SBR Aristocracy
                                    • 11-01-11
                                    • 43253

                                    #52
                                    Originally posted by cincinnatikid513
                                    go try and catch the coronavirus
                                    Comment
                                    • chico2663
                                      BARRELED IN @ SBR!
                                      • 09-02-10
                                      • 36915

                                      #53
                                      Originally posted by JIBBBY
                                      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
                                      Comment
                                      • chico2663
                                        BARRELED IN @ SBR!
                                        • 09-02-10
                                        • 36915

                                        #54
                                        Originally posted by MinnesotaFats
                                        Wonder if AA prebought fuel for the year

                                        Going to lose $$$ every gallon they burn

                                        cost of lugage just went up.
                                        Comment
                                        • Thor4140
                                          SBR Posting Legend
                                          • 02-09-08
                                          • 22296

                                          #55
                                          Republicans and bailouts here we go again. Wash, rinse, and repeat.
                                          Comment
                                          • JIBBBY
                                            SBR Aristocracy
                                            • 12-10-09
                                            • 83686

                                            #56
                                            Originally posted by Thor4140
                                            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?
                                            Comment
                                            • Optional
                                              Administrator
                                              • 06-10-10
                                              • 61672

                                              #57
                                              Originally posted by JIBBBY
                                              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
                                              .
                                              Comment
                                              • Optional
                                                Administrator
                                                • 06-10-10
                                                • 61672

                                                #58
                                                .
                                                Comment
                                                • JIBBBY
                                                  SBR Aristocracy
                                                  • 12-10-09
                                                  • 83686

                                                  #59
                                                  Originally posted by Optional
                                                  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.
                                                  Comment
                                                  • Thor4140
                                                    SBR Posting Legend
                                                    • 02-09-08
                                                    • 22296

                                                    #60
                                                    Originally posted by Optional
                                                    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
                                                    Comment
                                                    • Optional
                                                      Administrator
                                                      • 06-10-10
                                                      • 61672

                                                      #61
                                                      Originally posted by JIBBBY
                                                      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
                                                      .
                                                      Comment
                                                      • JIBBBY
                                                        SBR Aristocracy
                                                        • 12-10-09
                                                        • 83686

                                                        #62
                                                        Originally posted by Thor4140
                                                        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..
                                                        Comment
                                                        • Thor4140
                                                          SBR Posting Legend
                                                          • 02-09-08
                                                          • 22296

                                                          #63
                                                          Originally posted by JIBBBY
                                                          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
                                                          Comment
                                                          • RudyRuetigger
                                                            SBR Aristocracy
                                                            • 08-24-10
                                                            • 65084

                                                            #64
                                                            I love democrat ideology


                                                            they all think we should be equal....unless it includes themselves...professors/politicians as examples
                                                            Comment
                                                            • stake1
                                                              SBR Posting Legend
                                                              • 12-19-18
                                                              • 18116

                                                              #65
                                                              Originally posted by RudyRuetigger
                                                              I love democrat ideology


                                                              they all think we should be equal....unless it includes themselves...professors/politicians as examples
                                                              Can say that again!
                                                              Comment
                                                              • cincinnatikid513
                                                                SBR Aristocracy
                                                                • 11-23-17
                                                                • 45360

                                                                #66
                                                                gonna give it a try at this investing stuff will be more exciting than sportsbetting
                                                                Comment
                                                                • JIBBBY
                                                                  SBR Aristocracy
                                                                  • 12-10-09
                                                                  • 83686

                                                                  #67
                                                                  Originally posted by Thor4140
                                                                  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 ..

                                                                  Comment
                                                                  • chico2663
                                                                    BARRELED IN @ SBR!
                                                                    • 09-02-10
                                                                    • 36915

                                                                    #68
                                                                    Originally posted by Optional
                                                                    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.
                                                                    Comment
                                                                    • khicks26
                                                                      SBR Aristocracy
                                                                      • 09-16-06
                                                                      • 45704

                                                                      #69
                                                                      Originally posted by Optional
                                                                      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.
                                                                      Comment
                                                                      • Big Bear
                                                                        SBR Aristocracy
                                                                        • 11-01-11
                                                                        • 43253

                                                                        #70
                                                                        Originally posted by 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.
                                                                        it can live on surfaces?
                                                                        Comment
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