Replies to post #5186 on American Airlines Group Inc (AAL)

[408duster]

The $4 billion cash is the wildcard. I'm not sure what Delta's situation was when they entered BK, but when they emerged, the re-issued stock, and the old stock was worthless.

http://www.investopedia.com/articles/stocks/09/bankrupt-stocks.asp#axzz1hfyUuzid

I like your sentiment, trade it, don't fall in love with it!