I think AMR will be able to merge with some concessions. I think that there are some closed door meetings between the DOJ and AMR/LCC/Creditors Committee...those privy to those meetings feed some information and the stock moves...It can get very volatile as I have been in a number of stocks with Q.
GGWPQ commons survived... Ackman called it early on...these guys have open communications with key people including attorneys and sometimes judges...Believe me Ackman, did not announce, everything will be fine, go ahead and buy...no way man...he kept quite with a winning hand...one of his biggest plays to date. Since Q dropped, commons got both GGP and HHC - check the stock out and you will not believe it...but I saw it.
I see same happening here...hold; but has lots of cash as it can tank in a minute on some hedge funds' slanted paid news to the corrupt media...see Cramer's video on paying media to slant news...
Q-drops and I could see this between $5 and $8; $30+ in three years...I am holding a good chunk of my shares long...that is my core holdings...then I have some fluff shares that I can let loose on really good news.
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