dc10s4ever
Posts: 700
Joined: Fri Dec 09, 2005 3:46 am

AA Stock Down 8% Today!

Mon Apr 17, 2006 10:58 pm

Just checked AA (AMR) stock today.. Its down over $2.00 a share or 8%. Today is the day AA employees get their final batch of stock options, so I guess there is somewhat of a sell off....
Also I guess the spike in oil prices, as well as a forcast 1st Q loss of $185M all have something to do with it....
 
BigGSFO
Posts: 2239
Joined: Sun Jun 12, 2005 5:27 am

RE: AA Stock Down 8% Today!

Mon Apr 17, 2006 11:39 pm

Oil went up to $70/b. Airlines stocks went down.

http://www.marketwatch.com/News/Stor...e=blq%2Fyhoo&dist=yhoo&siteid=yhoo
 
masseybrown
Posts: 4874
Joined: Wed Dec 11, 2002 2:40 pm

RE: AA Stock Down 8% Today!

Tue Apr 18, 2006 12:40 am

A somewhat negative article in the Wall Street Journal today is the probable cause. It's one of those no-news articles that is a compliation of the difficulties facing AMR.
 
dfwmzuri
Posts: 219
Joined: Sat Nov 19, 2005 6:34 am

RE: AA Stock Down 8% Today!

Tue Apr 18, 2006 1:01 am

I'm surprised it's only 8%....I haven't read the news today but did the article mention anything about their service lately? Such as delays and damaged luggage? I've had a bit of bad luck with AA lately!
 
LONGisland89
Posts: 547
Joined: Sun Jan 22, 2006 3:34 am

RE: AA Stock Down 8% Today!

Tue Apr 18, 2006 2:53 am

My Dad told me he intends to sell his shares today. By doing so he will actually see a good deal of $.
 
Sean-SAN-
Posts: 730
Joined: Tue Aug 13, 2002 4:02 pm

RE: AA Stock Down 8% Today!

Tue Apr 18, 2006 8:15 am

Some airline stocks are up 100% in the last 6-12 months. I think it's time for a reality check... things are not that good yet, especially since DL will be around for a while still in Ch11. I actually bought some LCC puts today.

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