Replies to post #11782 on American Airlines Group Inc (AAL)

[carlospit007]

thanks. but can you make the example using per say 7,000 shares, I will only be able to trade 3.5 % of my 7,000 shares??? am confused

[Geena]

Thank you robvo for your thorough explanations.

Could you post an example for the conversion? Maybe I need to go back to math class but with the equation you have I tried to figure out what the value may be:

AAMRQ=1.582*LCC-22.96

So I tried to plug in numbers such as:

$14pps=1.582*$24-22.96 (of course these are estimates)


I come up with 14=15.008 (not sure where to go from here)

Can you explain what this means? Appreciate your help for us newbies.