American Airlines Group Inc (AAL)

[kokkomo]

I think there are more shorts here than long. That might not be a good thing considering not all of you will be able to cover.
Your betting on that common shares get wiped.. but what if they don't? what if AMR is too big to fail..?

The reason they are going with a Chap 11 is that they are not making as much as OTHER carriers. This company is clearly not bleeding money, they are simply greedy and wan't more..

so in the end it comes down to:
do you gamble that common shares get wiped out
or do you gamble that AMR is too big to fail (where is there fleet going to go? someone has to buyout if they were in trouble which I highly doubt they are)

What on earth do you think would make an airline unprofitable?