Retired/Lay Counselor
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rbl100: I got you brother, and for the most
part you are right. But I have a bright 15 year
old girl. What am I supposed to do, start her
our at 7/11 and see how fast she moves up?
She is going to college and either work hard or
drop out.
Am a tweener on this one
We just had a huge from page add in the Fort
Worth Star telegram about AMR's purchase of
400 new air-plains. Huge deal amd hope for
the future. Wall Street pundits were not as
hopeful.
Following day AMR retreats about .20
IMO bankruptcy is out, for now, and they are
going to put everying they have into reviving
this company the next several years.
Contract disputes are now going to be resolved
for the good of the Company and it's employess---
watch and see that coming....all imho.
There will be nice swings but may be a year or
so before we see double digits again.
Lastly, the world. A lot depends on what happens
in our 2012 election, the economy, chaos, anarchy...
all those fun things.
regards
motomark: For what it's worth, since I have
been trading JBLU, k trader has been just about
spot on in his analysis. He knows more than I
do for sure,
I strickly play the chart trends and try to branch
out from there.
regards
Briboy
You are right. k trader and I have been in
this for months. Where have you been?
k: okay to diagree, and I can't argue
the figues. My smart scan has a strong
downtrend. However, their analysis which
I have been tracking is more reactive than
proactive, so I am not sure how muchw weight
to give it.
Both this one and AMR were doing great, and
we were seehing lots of profit taking trades,
but it's been pretty dismal lately.
Hope you are right, and I keep an eye on it
daily.
my best
pps continues to take a beating despite good
news on upgrading its fleet. Praying for
deliverance.
You poor guy. I feel for you where you are
now. Lord bless you.
Talk to you soon brother.
Yes, Unions.....they think they are doing us
a world of good. Wait till things collapse!
Bri
No, but I am starting to think it's
time to get ready here!
Great verses. I never thought I would
love the Word as much as I now do.
regards
Downtrend.....stay in Cash for now
To risky to play the swings. When
things get a little bit better this
one and AMR are still my babies.
Did you ever put in some stocks symbols
on the link I sent you...it's pretty good,
I got in their chat boards and there is
a lot of good stuff. FYI..
IHUB is where it's at.
It's Liberals....and Liberalism
Choking this country as we speak!
Wow, speechless!!!!!!!!!!!!!!!!!
Where was the tip, man!
I will pay you to stop using CAPS!!!!!!!!!!
Okay, I forgot, you Option these babies
Good luck
They are killing this country. Yes, at
one time it was good Unions banned together
because they were getting screwed, and I
suppose in theory they should stick around
forever to protect against the big back rich
guys.
Hope you are well, daughter too
Big time bullish, but going to take time
What AMR is basically doing is starting all
over. This is a huge risk.
You should check out how many airlines in the
2000's file bankruptcy. American Airlines did
not. Took a lot of courage to man up, but it
has dug them a huge hole in the airline sector.
This could be a risky investment if they filed,
but go back and look at the history of bankrupcy's
The pundits predicted AMR would file back in 2009..
and several years prior,
You are right though----think about this order.
Not only are they ordering a bunch of new craft,
but the design and energy efficiency of them will
give them the edge. The other airlines are crapping
in their pants.
They also split their order from Boeing it appears,
going also with a European company.
I'm excited, but I have to be!
Good luck to you always
7/20/11......it's not going to be great, but don't
think it will affect pps that much. This company
and it's employees need an attitude adjustment.
Almost every union is in negotiations for more
money and a better deal.
I hate Unions.
---------
this from TD Ameritrade:
AMR reported 1st quarter 2011 earnings of $-1.21, beating the consensus estimate loss of the 12 analysts covering the company by 8.61%. In the year leading up to the announcement, the estimate had decreased by 158.82%.
For the coming quarter, analysts estimate AMR will earn $-0.75 per share, a 3,933.33% decrease over the prior year 2nd quarter results.
Good job droll>>>> thanks for telling me about
this one. he he
rbl100: Enjoyed the article about Mrs. Clinton.
All I can say is: "It's beautiful."
Why American Airlines Is Stuck at the Gate
Once the country's largest carrier, American has been grounded by labor woes and high costs By Mary Schlangenstein
BW Magazine
The Rise and Inglorious Fall of Myspace
Market America's American Dream Machine
How to Save Greece
Bloomberg View
What Now, Chairman Bernanke?
This Issue
October 11, 2010
What Amazon Fears Most
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For much of the past decade, U.S. airlines have scrambled to remake themselves. United Airlines (UAUA), Delta Air Lines (DAL), US Airways Group (LCC), and Northwest Airlines all made trips through bankruptcy court and emerged with trimmer operating and labor costs. Then many carriers went into acquisition mode. Delta snapped up Northwest in 2008, United this month completed its takeover of Continental Airlines, and on Sept. 27 Southwest Airlines (LUV) said it will buy AirTran (AAI).
Through it all, AMR's (AMR) American Airlines looked healthy enough to go it alone. Once the global leader, the Fort Worth-based carrier managed to avoid bankruptcy. Now, as other airlines recover, American is paying the price for sidestepping the near-death experiences of its competitors. It's bleeding red ink. Its stock price has dropped 20 percent this year, the only decline among the six biggest U.S. carriers. And its pretax margin in the first half was -4.3 percent, the only negative among its peers. "They're playing the hand they were dealt by avoiding bankruptcy," says Stifel Nicolaus analyst Hunter Keay. "It's unfortunately costing them dearly."
Labor costs remain the big challenge. Of the almost 50,000 workers represented by unions at American, only a group of 90 technical specialists has approved a new contract. The carrier has been negotiating with its pilots for more than four years, while its flight attendants, airport ground workers, and mechanics have been in contract talks for more than two.
A continuing obstacle to labor agreements is the $1.6 billion in annual concessions the unions agreed to in 2003 to help keep the carrier from seeking bankruptcy protection. Filing for Chapter 11 protection would have allowed American to alter its labor accords unilaterally. Workers want the airline to restore at least some of the concessions. Management says that on labor costs alone, the carrier is still at a $600 million-a-year disadvantage to rivals. "It's a big brick in our backpack to being competitive in this industry," says Senior Vice-President Jeff Brundage.
The Transport Workers Union scrubbed a tentative accord for 10,600 baggage handlers and ramp workers in June. Mechanics and stock clerks rejected a three-year contract in August and authorized TWU leaders to call a walkout among their 12,700 members.
It's much the same with flight crews. About 9,600 American pilots are working at 1993 hourly rates, leaving them with "massive anger and frustration" over a lack of progress in the talks, says David Bates, president of the Allied Pilots Assn. Adds Laura Glading, president of the Association of Professional Flight Attendants, which has 16,550 active-duty members at the carrier: "You can't come to labor and keep taking and taking and taking." Glading will meet with a federal mediator on Oct. 19 to press a union request that bargaining be declared at a stalemate, which could trigger a countdown toward a strike, the first at a big U.S. airline since 2005.
American has said liberalizing work rules would allow it to increase wages while keeping its current cost structure. Studies show the airline is at or near the bottom of the industry in productivity, says Jerry Glass, president of F&H Solutions Group and a former US Airways labor executive. Says Stifel Nicolaus' Keay: "It's critically important that the labor groups understand that work rules are what is preventing American from reporting profits in 2010 to a large degree."
American faces operational challenges as well. To counter a possible loss of corporate accounts to rivals who are adding routes through mergers, Chief Executive Officer Gerard Arpey is trying to expand pricing alliances with carriers outside the U.S. Those partnerships allow airlines to share revenue, marketing expenses, and frequent-flier programs. Adding more foreign partners lets American capture a bigger share of high-fare international business travelers.
Arpey also is adding flights at hubs in five domestic markets used heavily by business travelers: New York, Los Angeles, Chicago, Dallas-Fort Worth, and Miami. By early 2011, 98 percent of American's available seats will touch those hubs, up from 88 percent a few years ago. American expects by the end of 2012 to have $500 million in annual revenue and savings from its international partnerships and the intensified focus on servicing business travel hubs. Still, counting fuel, labor, and other expenses, American's cost to fly each seat a mile in 2010's first half was 12.76 cents, the most among the six biggest U.S. carriers, based on data compiled by Bloomberg.
Part of the financial drag comes from American's Boeing (BA) MD-80 jets, which make up the largest part of its 619-plane fleet. While they're slowly being replaced by Boeing 737s that are about 35 percent more fuel-efficient for each seat flown a mile, the MD-80s still account for about 40 percent of American's big jets and won't all be retired until about 2016 at the current replacement rate.
Those changes are unlikely to make up for the high labor costs. "The changes they are making in their flying are going to help," says James M. Higgins, an analyst at Soleil Securities. "For me, they're all completely dwarfed by labor and the question about what's going to happen there."
The bottom line: American Airlines, once the nation's largest carrier, has fallen behind competitors because of high costs locked in by not seeking bankruptcy.
Is a great buying opportunity
Doubt AA is going bankrupt, but with this
economy, nothing would surprise me anymore.
I got a lot of money in this company and
I could use some good news.
Good luck
computerguy: Even if the patent came in to play, it
would take years to adjudicate. Now, eventually, winning
a settlement on a patent infringement would be huge and
bolster the company immeasurably, so don't get me wrong...
am glad he has it
How's it going bro?
It's Beautiful
richx3: Great post, and I have been there too,
more than once. Considering I got back over 30%
on this one after several years of nothing was
a victory.
The thing that has me flummoxed though is that this
is still trading. I guess the paperwork hasn't gotten
to the transfer agents yet, or maybe there are none
and this just flails forever.
regards
droll: Yes, exciting and biblical times
brother
My new song:
It's Beautiful
to see our society thrive
It's beautiful
to see clueless people happy
O It's beautiful
when Anarchy starts
The clueless are no longer happy
and try to break in my house...
but.....
It's beautiful, yes
It's beautiful..
It's.......
So good to see you again brother
Yes, Jesus Christ is the truth, the whole
truth, and believe you me, nothing but the
TRUTH.
Briboy
Legion: As long as the stock is trading
there is always hope. Go look at PRDM.
I have had it for years, and two days ago
some how got out with 30% recovery. It
was a worthless shell as well, still is,
but there are rumors.....??
My best
Briboy
Legion: You are, and always will be
my Main Man!!!!!!!!!!!!!!!!!!!!!!!!
Go XKEM.......still the penny stock of
the 2,000's
Yet we allow it to happen. The waste of money
spent by government is pathethic...across the
board from military to border patrol.
Something will be done brother, but only when
the bow breaks. We have gutless bastards in
polictics, and very few are willing to stand
up for the American People. Everything they
do is to placate their constituents to make
sure their re-election is protected.
It's beautiful man. Beautiful.
He has said in the past that he does not, but then
he has referred to some posts, so I am sure he views
some of the at least at times.
What about an agressive microwave radiation zone surrounding the border and a buffer zone on both sides. Ever seen those dog collars that shock the dog when they get too close to the fence.... Man I should be a paid consultant for Nobamma (post by BullsEye)
What an excellent idea. Yes, you would make an great consultant.
You already are one!!!!!!!!!!!!!!!!
You can stay there if you ever visit
Just get here before Anarchy commences
Would love to tell you about the fort
we have to turn away the 'takers'
Is like a castle with a moat, we are
up on the ramparts picking off these
idiots one by one.
Great analogy....Dems are like a fly
crawling up the leg of an elephant with rape
on it's mind. And that little fly actually
thinks he has a chance.
Looks like PRDM had all 'buys'
so you or whomever bought and upticked this
to ask levels, but try selling it there....
I tried forever, and unless there is substantial
volume the best you will see is sales in small
increments.
We need a MOMO here of Obamalike proportions
Not going to feel bad. I have had this stock
for several years.....piggybacked a pump and dump
and was left with the bag. Turned out we may have
had something here but was dormant forever.
So I finally am able to sell at the bid of .0026
and I get back 30% or so of my investment.
Isn't it always the case the stock goes up, NO
MATTER WHAT. So, I expected it.
Had I not sold, you would not be making any money,
so please thank me>>>>?????? he he
Briboy
droll: You're my main man!
We are not going to just let this happen!
Have a good weekend bro
We are having a big party on the morrow. We live
across the street from a beautiful, 120 year old
Victorian Bed & Breakfast, going to Cook burgers
and dogs, have a Magician and Mentalist perform---
you gots to come!!!