News Focus
News Focus
icon url

PinkBu

04/16/13 11:30 AM

#8359 RE: flattire69 #8348

AAMRQ will stop trading 60 days after judge approves AA's reorganization plan on May 29th.

Stockholders of AAMRQ will receive 3.5% or more of the new merged stock (don't know ticker symbol, probably AMR on NYSE). No one knows what that price will be; some project it to be less than $2/share.

But, people play the Q because it has potential growth of 100%-700%. Like those who bought this stock under $.50.

Analysts think this stock could rise around $6.50 before it transitions.