Everything you said ends the same. They arent making enough money, havent had positive earnings since 2007. Why are the other carriers profitable? Unlike AMR the others already did this to renegotiate contracts and shed debt. Buyout? What do you think happens to these shares if they get bought out? They ,again, have more liabilities then assets, which means the BOND HOLDERS would be the only ones to get any cash, of which there is non left after assets - liabilites = NEGATIVE. Followed by common stock, obviously nothing comes this way. No we dont have to worry about covering. Have you seen the volume? All these guys 75 MILLION NAKED SHORTS blah blah this things traded 500 million shares, the shorts were covered loooooong ago. Here is your problem now. All the shorts covered the last 2 days. OK? When this begins to freefall WHO IS GOING TO BE THERE TO STOP IT? Oh thats right the shorts, but theres non left. Want to see what happens when the shorts cover and disappear? Look at NFLX it couldnt hold a SINGLE SUPPORT LINE. The subscriber price screwup, while yes was retarded, shouldnt have taken a $300 share to $50. No backstop. Oh and now yahoo's analyst prediction has this from 0.00-.10. http://finance.yahoo.com/q/ao?s=AMR+Analyst+Opinion
Oh and why not go see what happened to TWA shares when AMR bought them out. ZERO.
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