American Airlines (AAL)

[Ralph Canine]

Ha ha, no I am not saying it will double by December. I am just telling Slacker to have his magic gut, minds eye vision, call a $60 PT by Dec. since it was so accurate at calling a $25 bottom.
But like King said, this could have a run up soon especially since it's looking a little like the EBOLA freak out of Oct. 2014. It dopped to $28 but two months later it was up to $50. If history is any indication, and repeats itself like they say it does, then this might just go thru that again.
It could have a great run up to earnings and if
1) Parker just gives a ray of hope on PRASM improvement.
2) Share count announcement should be coming out soon and if they averaged $33 per share they would get 115M for the $3.8B left. Share count goes to 462M from 578M!
3) Olympics in a month could bring in tons of profits for 3 quarter earning.
Does that mean $50 by December. Probably not, but, you never know!!!
I'm just a Rainbows & Unicorns type of guy... Right Slacker?