Originally Posted by dgordon
Buying stock shows faith in a company. All stock ever purchased is previously sold stock unless it is new company. Not quite sure what you meant. Anyway, for me it was my committment to AA, and I have not sold and bought the stock and am pleased that it is doing better and rebounding.
Faith in a company that loses money? Don't every confuse brand loyalty with an investment. Over history, the airline industry has never made money. Airline stocks are terrible investments.
If you have had this money in AMR for a long time, you have left big money on the table by not being in a solid mutual fund.