Great job alfaspider.
If you are willing to spend over 6K on
blocks of 1000 shares each you can
swing trade AMR.....the chart has a great
spread if you just get to know it, sleep
with it, snuggle up to it....
you can make money almost every day on
it,,,,
too, long term this will be great, and
jmho, but the election returns in November
may take this over $9/share. Keeping some
long term for sure....did this a few years
back and sold at 28.
Good job.
The only thing to prevent this one would
be bankruptcy. Don't see it happening,
but there is some sense of urgency to reduce
their debt. If they can settle multiple union
contracts this will be free to move again...
the other large airlines have not been bogged
down by this.
later bro