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re: American Airlines down to .26 cents a share...

Posted on 12/8/11 at 9:31 am to
Posted by Rantavious
Bossier ''get down'' City
Member since Jan 2007
2079 posts
Posted on 12/8/11 at 9:31 am to
quote:

Acting like there is any fundamental reasoning behind your purchase is pretty hilarious.


Fundamental reasoning does not always look at 'fundamentals'
Posted by Projectpat
Houston, TX
Member since Sep 2011
10521 posts
Posted on 12/8/11 at 9:32 am to
Given, but based on personally watching Delta in the same position, I think it's very accurate.
Posted by TulaneLSU
Member since Aug 2003
Member since Dec 2007
13298 posts
Posted on 12/8/11 at 9:54 am to
Just watching the price chart, I think it's tripped a breaker at least twice already this morning. If it hits $1.30 today, I'm out. I hope I stand by those words.



The breaker is tripping 15 seconds after each delay. Good luck buying/selling today.
This post was edited on 12/8/11 at 10:10 am
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 12/8/11 at 10:14 am to
quote:

Fundamental reasoning does not always look at 'fundamentals'



Clearly we established that his purchase was not based on anything substantive, whether that was "fundamentals" or otherwise, so I'm not sure why that comment is necessary or applicable.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26572 posts
Posted on 5/6/13 at 9:13 am to
Welp-looks like i was wrong
Posted by C
Houston
Member since Dec 2007
27813 posts
Posted on 5/6/13 at 9:21 am to
quote:

Posted by skully6294 i bought at 41 cents thanks to tulanelsu last yer today, trading at $4.35. thanks for turning my 5 grand into 500 grand in a year!


Umm no.
Posted by C
Houston
Member since Dec 2007
27813 posts
Posted on 5/6/13 at 9:26 am to
quote:

10double


Sorry but what word is this?
Posted by keeton350
Member since Nov 2005
596 posts
Posted on 5/6/13 at 9:27 am to
I think your off by about 446 grand there chief.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65037 posts
Posted on 5/6/13 at 9:32 am to
50 grand, 500 grand. It's all the same.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16893 posts
Posted on 5/6/13 at 9:40 am to
quote:

thanks for turning my 5 grand into 500 grand in a year!


quote:

my math isnt good but i did 10double my money


Posted by LSURussian
Member since Feb 2005
126861 posts
Posted on 5/6/13 at 9:49 am to
quote:

American Airlines down to .26 cents a share...
Way overpriced....
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 5/6/13 at 10:01 am to
Net income falling 3 consecutive years while the stock has most recently been killing it?

Just seems like a mispriced security unless these guys start blowing the bottom line out of the water.
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27627 posts
Posted on 5/6/13 at 10:48 am to
I bought $1,000 worth of Sirius XM stock at 10 cents and everyone said I was nuts


It's at $3.10 today. Pretty good return
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 5/6/13 at 1:06 pm to
I can understand wanting to take a gamble on a stock like that.

Congratulations on the return and that it has worked out so far.

Do you plan to sell and take your profits or try and wait it out in the hopes that it will increase in value more?

If I bought Sirius or American that low and saw it where it is today I would certainly cash out and diversify. Maybe leave a little bit in just to let it ride since you covered your initial investment already.
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