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Blind Mellon

01/12/14 5:18 PM

#14328 RE: educatedstockpicker #14327

My advice to you would be go back to the early days of AAL or AAMRQ and see the various numbers. There have been some that were called "conversion " formula's and the slightly more complicated stuff that would tell you how many shares you'll receive. Look for info from JML or Junkmanlong. His input has been invaluable to us here. On average, your 12,000 shares of AAMRQ will likely be in the 7500 share to 9000 share range. Distributions, as you may know are being spread out over 4 months. Best guess right now is we'll total nearly $18-$21/share of AAMRQ. Pretty much a windfall. (unless you bought AMR a decade ago for $30.) Yahoo message board was pretty good but as of the last couple of days's it's been invaded by some nasty posters. Avoiding those, you can find Junkmanlong on there as well with his up to date information.
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rockland2u

01/16/14 11:53 AM

#14407 RE: educatedstockpicker #14327

ok while we are waiting on earnings report, i have question. (just want someone to verify numbers) back in aug/sept '13 i bought aamrq for 2.20 pps, (30k worth) then bought 20K more at 12.00pps, just before exiting avg share price is around 4.00. anyway i own 13,937 shares of old AAMRQ, i have run the numbers, and understand the formulas. my initial payout was 997 shares, and then on dec 9th my total became 2765. the numbers given to calculate my dec 9th payout exactly match the number of shares i now own, BUT i said that i should then add that to my initial payout. 9which means i am short 997 shares) the math i did is the total shares. anyone care to use there math. or did i misunderstand. how can i help someone just to "make sure" i have the right number of shares.