Sfrm will go to $25
wow this is taking a dive
200ma and 50 ma getting closer
Oh this is fun. Nice to mull over things with someone. That's pretty rare.
I'm also watching the simple moving averages. It's a Habit. Nothing else. So 50 sma is currently at 13.60, which I would like to see that tagged and then that hold. If that happens, that brings me to stare at the 200 day which is currently at 15.06. Both sma numbers obviously moving.
It would really be nice to start trading above that. This crappy market can't last for ever.
I'm leaning to the low side, I think this will stay in this channel until January maybe poke up to 15.00 then 11.00 is probably reachable
This has an interesting trend, anyone have trend idea?
And pilots are hard to find right now. Keep 'em if you can
Business as Usual. Just a negotiating strategy by the unions and management. Pilots what huge pay raises. They've been negotiating this contract agreement for 3 years. American Airlines expects to see record sales over the upcoming holidays.
Nothing to do for any buying or selling within 2022. Unless you are filing quarterly. Just need to file 2021 profit or losses. Im not an accountant but this how I understand it. Hope this helps.
From today's 10-K report:
"On December 7, 2021, in accordance with the approval granted by
the Bankruptcy Court, we distributed approximately 4.5 million shares of AAG common stock from the DCR to former AMR stockholders, to
former convertible noteholders treated as stockholders under the Plan and to claimants. As of December 31, 2021, 0.3 million shares of AAG
common stock remain in the DCR to be available to resolve an outstanding claim."
Sorry, never mind, I see I did get another 155 shares. Cheers to all who endeavored this experience.
Did you receive your shares from TD Ameritrade? I never received my shares, only the cash portion.
I had 19,064 AAMRQ shares, and yesterday I received 192 shares (plus $392.01 in cash, defined as "return on capital") between the two accounts that held my original shares (one with Charles Schwab, the other with Edward Jones, both accounts now able to be closed as I transferred the shares and funds out to another account). The final distribution was just a hair over 1%.
I org had 19800 shares,, how many will I get?
Thanks for letting me know. My E*TRADE is not showing anything yet.
Etrade. Plus I also got a cash distribution too.
Happy to hear, who is your brokerage?
Just got my extra shares today.
As a multiplier it seems to be about .01015-ish.
Looks like you did great, rockland2u. Congrats!
GL to you and all!
TDA doesn't list it, so I messaged them.
I'm ok with it. Long time coming. I'll hold.
AAL should rebound with time.
GL, Sonny, and all SHs!
Congrats. I haven't received mine yet. What was the payout formula?
That's okay, as long as he signed off the DCR.
Otherwise Isom has 24 days to git 'r done. GL
Fly American. Lol.
What is my tax basis/cost basis/value of the stock for the shares I received from the Disputed Claims Reserve?
If you received shares of American Airlines Group Inc. Common Stock (“AAG Stock”) from the In re AMR Corporation et al. Disputed Claims Reserve (“DCR”) pursuant to the Debtors’ Fourth Amended Joint Chapter 11 Plan (ECF Nos. 10361, 10367, the “Plan”), the fair market value of the AAG Stock that you received will depend on when those shares were distributed.
If you received a “Direct Registration Book-Entry Advice” (an “AST Advice”) from American Stock Transfer & Trust Company, LLC, with respect to those shares, the fair market value of the AAG Stock at the time of each respective distribution from the DCR is set forth below:
|Distribution Dates||Fair Market Value |
(price per share)
|July 1, 2014||$42.96|
|November 4, 2014||$42.00|
|February 10, 2015||$46.53|
|July 14, 2015||$42.42|
|March 8, 2016||$42.13|
|August 29, 2017||$44.95|
|April 9, 2019||$33.88|
|February 25, 2020||$25.45|
Payment of any applicable tax relating to the shares is your responsibility. You are encouraged to consult with a qualified tax advisor for questions regarding your specific tax treatment of shares (including but not limited to the specific computation of tax basis) received from the DCR. The foregoing information does not constitute tax, financial, or legal advice.
If you did not receive an AST Advice and you are an employee or former employee of American, please contact your union or other representative for more information. Otherwise, you may contact GCG at one of the addresses listed on the “Contact Us” Tab.