Airlines Get Lift Ahead of Earnings Season -- Market Talk
8:09a ET September 17, 2013 (Dow Jones)
Airlines Get Lift Ahead of Earnings Season -- Market Talk
8:09 EDT - JPMorgan says "firm" revenue per available seat mile and "retreating" fuel prices should help airlines post healthy 3Q results. Firm upgrades US Airways (LCC) to overweight from neutral saying that even if a planned merger with AMR fails--putting the chances at about 50%--"its stand-alone prospects are materially better than implied by the market." Firm also lifts Delta Air Lines (DAL) to overweight saying carrier is likely to raise its 11%-13% operating margin range as RASM continue to top expectations. Shares of LCC and DAL gain a little over 2% premarket. (patrick.sullivan@wsj.com)
(END) Dow Jones Newswires
September 17, 2013 08:09 ET (12:09 GMT)

breaking 18.00 milestone, breaking 20.00 will be huge for those holding AAMRQ

US Airways Group IncNYSE:LCC
Industrials : AirlinesMid Cap Value
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$18.07 0.20 (1.12%) Bid
18.00
Ask
18.07
B/A Size
300x1400
High
18.41
Low
17.97
Volume
5,691,272 (Above Avg)
As of September 16, 2013 4:03pm ET
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Earnings
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Prev Close17.87
Market Cap ($)3.5B

Today's Open18.16
Shares Out.192.0M

Day's Range17.97 - 18.41
EPS (TTM)3.07

Avg Vol (10-day)4.5M
P/E Ratio5.82x

Last (time)4:03p ET 09/16/13
Ann. Dividend/YieldNo Regular Dividends

Last (size)142.9K
Ex-Dividend Date--

52-Wk Range
10.15 - 19.70
LowHigh

Beta0.7

% Below High (09/28/12 - 05/17/13)8.27%
% Held by Inst 94.22

Implied Volatility37.1%
Short Interest (% of float as of 08/31/13)14.24

Historical Volatility38.2%
Historical Quotes & Splits
Current|1mo|3mo|6mo|1yr
DJIAS&P 500NASDAQSMA(50)View Advanced Chart

I will be using numbers provided by JP Morgan for the calculations. We have some variables:

LCC price: let’s call it X
LCC shares oustanding: 736.8 million
AMR liabilities to creditors and employees: $7.565 billion, or $7,565 million
AMR shares outstanding: $335.3 million

To simplify, let’s get rid of the millions.

The value of US Airways is 756.8*X
The portion allocated to AMR is 72%*756.8*X=530.5*X
The leftover for AAMRQ shareholders is 530.5*X-7565
Value per AAMRQ share is (530.5*X-7565)/335.3

AAMRQ price = 1.582*LCC price – 22.56

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You see, AAMRQ price totally depends on LCC price. To give you perspective, if LCC price is $15 per share, then AAMRQ will be worth $1.17. On the other hand, if LCC price gets to $20 per share, AAMRQ will be valued at $9.08. If LCC price drops below $14.26, AAMRQ shares will be worthless.

wow, been a while, anyone still on here. anyone talk about dovarri, new info, or just waiting for someone to call time of death, lol, are they still in business? any prospects?, even remote chance of going up, thought the company was gonna do a compnay stock buy back? oh well, holler if any one still out there.

WOW i guess the lack of bloggers, kinda says it all, ZZZZZZZZZZZZZ anyone hear anything, well at least it was fun getting my share price average down. price doesnt have to go anywhere near 5.00 anymore. LOL, 1.75 would be nice, hell above a dollar would be worth watching. guess we never got any sales for this new miracle product, and if you did, isnt it always the case they find a way to no give it to the investors. greater sooner hits gas and they still find a way to make its stock worthless

lovin the volume, picked up more, good news, hope more on the way.

i tried to buy more dvar today and it said i needed to contact a broker to buy opening bid for this stock. but i already have some and have money in my TD acct. been waiting 3 days to buy, what gives, any one know if i am doing this wrong...

well 2-3k periodically over last 2-3years..chasing the dragon. buying low to reduce my share avg. lower and lower. till my 25k is now a whopping 2.5k, oh well thats why they call it gambling, still tough pill to swallow. who knows it spiked breifly just before this mess, maybe it will again one day. need a break from watching it. actually i did sell about 10% at share price just before reverse. but not enough. funny how my remaining balance (90%), is now worth what i sold my 10% for...anyway goood luck to all..

well, it was all or nothing, unfortunatly, moved mad money "all in" and just like texas hold'em. "all in" works every time but the last. dont think i am gonna see 5.00 any time soon, on this one. good luck all, its been a fun ride..from Berkshire to greater sooner to dovarri. keep the faith. back in the fall, to try again...

so greater sooner and the gas /oil production and such are no more. that company is gone, the wells are there and they are pumping, but they were bought out?, cease to exsist? bankrupt?glad i have better stock, but just curious what happen to those assets? and oil rights,ect.?
thanks for the help to a novice, learning to do my DD.

sounds better, hopefully these guys have it together better than those who occupied this shell before them. thanks for the better outlook.
need $5.00 dollar share price. LOL
luck to all

so what about the oil wells that are suppose to start pumping gas, as in greater sooner gas exploration? is that all history, i was here when it was berkshire asset management, then it went to nursing homes, then to oil now to software (BSSM/GSNH?DVAR) this is all soooooo shady... hmmmmmm

interesting, 7 of the almost 10k shares trade were traded in the last few minutes of the day just under the wire, significant, who can say, but makes you wonder....

ZZZZZZZZZZZZZZZZZZZ, whats the deal, will there ever be any volume, when is the new product release, something....

thanks, alot, one more question, a small float, tends to make the stock more volitile (presumably) i think, .....is this in a good way or bad way. my share price is now around 8.75 (mildly optomistic. i had this stock when it was BSSM then GSNH and now DVAR.
ps i am SO done with penny stocks LOL, (emotionally drained)
rockland

what is float 372713???? is that outstanding shares?

thanks for the call to td ameritrade. i got the email saying the same yesterday.general concensus is 9.00 is not unrealistic, my .06 average seemed easier, but hey will be nice to hit 9.00stranger things have happened good luck all

i would buy some now, but ameritrade is not showing the split or name change. had 400k shares of gsnh. so i should have 2666 shares of dvar, but wouldnt let me list it for sell, not in portfolio, yet? going for coffee try to buy more when i get back, good luck all!

course my shares name and number of shares still shows GSNH, so i cant even do anything, yet. am i suppose to do somthing ?can i trade? sorry first reverse split.

well....just sittin here, ya'll think it is bad, my share price was .06 which now makes it around 9.00 a share (after reverse split) to break even, ouch well i feel like i am hitting 20 at the tables in vegas, lol