InvestorsHub Logo
Followers 35
Posts 3608
Boards Moderated 0
Alias Born 05/30/2013

Re: mike_usa post# 6051

Saturday, 03/28/2015 12:43:53 PM

Saturday, March 28, 2015 12:43:53 PM

Post# of 6681
I think there was a court case filed regarding merging of AAMRQ and US Airways, at that time many sold AAMRQ in fear thinking that it will become zero. So the stock price plummeted from around $7.50 to low $2. No one knows what it's worth then when it was $2s. And no one knows what's the worth of AAMRQ when it stopped trading at about $11.30. Because it's said that it would be given only 0.06 of AAL, $25 IPO, for every AAMRQ. So people thought AAMRQ is worth only $1.5 and thought that they lost as they didn't sell at $11.30 before it stopped trading. But it took about one year for commons to realize 1 AAMRQ = 1 AAL. Which means one AAMRQ was around $25 at that time and around $55 now. So we don't know what's stored here in XIDEQ for commons. We never know what's in it till the end. Just IMO.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.