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rockland2u

01/16/14 10:01 PM

#14412 RE: Ralph Canine #14410

well, just round numbers, for roughly what i paid and dates, PPS, but, the price per share not that important, bottom line is for my initial 13,937 original AAMRQ shares, i received a merger payout of 927 shares of AAL, and then a Dec 9th (1st of 4 payments) amount of 1838 AAL, for a total of 2765, when i crunched the numbers, i understood that Dec 9th payment was 2765 alone, not counting the 927, maybe i read it wrong. i know the next 3 payments are fluid, to a certain extent, but if i had 13,937 shares of AAMRQ on Dec 1st, how many shares should i have so far? and what would be best guess, on how many i may have April 9th-ish (after last pay out? i do the numbers and don't always get the same answer, but in the ballpark. not selling till sept 1st. and then probably half only
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educatedstockpicker

01/17/14 11:29 AM

#14425 RE: Ralph Canine #14410

Your shares went into Escrow and the amount of shares, total, is still the same as it was the day it closed. The only difference is that the price at closing was $11.39 and the stock will end up being worth $17-22 per share. Thats a great ride. You will get pieces of your stock, 15% at a time, until April. April will be the last distribution, and the biggest one.

If you wait and see, you will not only have all of your shares, but a nice heft profit since December. Since the stock went into escrow, it counts as long term, as long as youdont sell. That will be nice for taxes.

I have been buying this stock since $0.69, i also bought LCC.