American Airlines (AAL)

[Ralph Canine]

Sold my 10K shares of JBLU. When it raced up to the $24 mark I put a stop loss at $23.50. Made out great on that one.

Sold all my CSE the morning after I bought it. Got it Thursday sold it Friday for a 13% profit. In my book anything that pops that high that fast is bound to drop over the next couple of days. Prime example is RJET. Down 10% today after that 53% pop yesterday. I missed out on that one thought!!! Can't complain but it would have been nice.

As far as AAL, still holding all of it. Frustrating moves lately but I have confidence that it will move back up soon. It has been beaten down over the past 3 months so a turn around is imminent in my opinion. I think that once the DOJ drops their investigation and some judge tosses out that frivolous lawsuit we will start to go back up. Integration will be done in mid October so that should help and they will probably pay a fine for the transportation investigation on the train wreck price hike. I am just hoping to get back to $50 right now.