I bought some for as much as 4 cents and a whole lot below a penny over several years. This baby is going to make me a small fortune!
I just completed selling my last 900 free shares of American Airlines stock for an average of $45/share ($40,500) after selling enough last year to get my entire investment back. My initial purchase price of AMR stock was 33 cents which converted to about 90% of the new AA stock at the initial January price of $26 (Now about $42, down from a high of $49).