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American Airlines files for Chapter 11

PostPosted: Tue Nov 29, 2011 8:59 pm
by texcollex
http://www.reuters.com/article/2011/11/ ... T220111130

the US Postal service should try it, the clerks couldn't get much crankier. 8-)

Re: American Airlines files for Chapter 11

PostPosted: Wed Nov 30, 2011 10:40 am
by Sheikh_yer_Bu'Tay
Only one question to ask:
Will American Airlines get a federal government bailout???

Yesterday, their stock dropped down to 20 cents ($0.20). Think about that.... IF you buy at 0.20 and then the stock rebounds to $10.00 per share..... That's a 5,000% profit!!

$500 at $0.20 per share = $25,000 at $10.00 per share! :shock:

Just looked at the ticker, it is already up to $0.39/share.