American Airlines Group Inc (AAL)

[slacker01]

Sounds great on paper butttttttttttt...................once the prices start to go back up the numbers of flyers will drop. Then on top of that the numbers will further drop because we are in a overdue cycle of recession. That will last a couple years. In my opinion, this is dead money for a while. I am trapped (i think my average buy price on my last batch here is $29 since i got this bunch like the dayafter the merger) in my book so I will wait it out or hope for a exit point I am comfortable with. There is no way I want to be trapped in a loser for a few more years. Being tied up here I have lost many opportunities for better deals that have come and gone. I have learned one thing here though. There is no such thing as a true long stock. Get in get to a comfortable exit and get the heck out. Every stock I have ever had for the long haul/dividend has turned on me and bit me within a year. I don't think I will ever get into a stock I have to hold for years ever again.