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

Posted on 12/7/11 at 2:41 pm to
Posted by TulaneLSU
Member since Aug 2003
Member since Dec 2007
13379 posts
Posted on 12/7/11 at 2:41 pm to
Not really interested in long term with airlines. When a company the size of American dips to cents/share, I pounce. I've lost a lot of money doing this in the past, but I've gained a whole lot more. Buy cheap, sell high. Never take that advice glibly.

kfizz, you know you're my Money boy. Let's both put $1,000 in separate day trader accounts. Invest as we will. Three months later, the account that has more money (without any other cash deposits) gets the whole pot, like being within $100 for the Showcase in Price Is Right. You in? Yeah, me neither. But I respect what you have to say because you call out bozos that know nothing and act like they know something like no other. That's probably what Money Talk needs more than anything else. My boy, kfizz.

BTW, if any of you invested had invested $10K in AMR a week ago when the OP made this thread, you'd have over $40K right now. for selling at .93. It's now $1.10 and climbing like a jet in the sky. Get the pun? LOL!
This post was edited on 12/7/11 at 2:49 pm
Posted by Projectpat
Houston, TX
Member since Sep 2011
10626 posts
Posted on 12/7/11 at 3:53 pm to
quote:

Not really interested in long term with airlines. When a company the size of American dips to cents/share, I pounce.


Do you know why American dipped that low? Do you know why it's gone up since? Do you know what happened to Delta in the same position?

Not trying to be a dick, curious to see if you actually know.
This post was edited on 12/7/11 at 3:58 pm
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