Yikes, AMR stock down almost 15% at 2:05pm ET Sep. 24, 2007
Sep 24, 2007, 12:06 pm
#1
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Yikes, AMR stock down almost 15% at 2:05pm ET Sep. 24, 2007
Time to buy when it's down? 
Sep 24, 2007, 12:33 pm
#2
Join Date: Jun 2006
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Maybe the investors read the threads here (26-hour diversion, rude FA, ...)
Those threads remind me of the TV commercial "Who do you think we are...Hertz?"
Those threads remind me of the TV commercial "Who do you think we are...Hertz?"
Sep 24, 2007, 12:40 pm
#3
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Released bad outlook
Revenue per available seat mile expected to increase 3.7% to 4.7% which according to this article "seems to be trailing that of its legacy peers"
Sep 24, 2007, 12:54 pm
#4
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Oil is also in the ballpark of record highs, and a soft economy means less demand for air travel.
Sep 24, 2007, 12:57 pm
#5
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People are electing to pay their mortgages instead of go on mileage runs.
Sep 24, 2007, 1:42 pm
#6
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4Q guidance was below analyst estimates.
Sep 24, 2007, 2:04 pm
#7
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closed down over 14% for the dAAy.
ouch.
ouch.
Sep 24, 2007, 2:14 pm
#8
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Sep 24, 2007, 2:22 pm
#9
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I imagine that we are in for a round of guidance reductions from airlines if fuel prices stay where they are and the economy as a whole remains on the track that it is...
Sep 24, 2007, 5:32 pm
#10
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Last edited by shoodawg; Jul 18, 2009 at 7:35 pm
Sep 24, 2007, 7:47 pm
#12
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If you want to lose money fast, buy airline stocks. It is basically musical chairs - do you want to hold the stock when the music stops?
This industry loses money and burns capital. Just because you enjoy traveling doesn't mean airline stocks are a good investment.
Consider a trade when timing is right if you can't help yourself. There is a reason many brokerage houses have sell ratings on these stocks.
This industry loses money and burns capital. Just because you enjoy traveling doesn't mean airline stocks are a good investment.
Consider a trade when timing is right if you can't help yourself. There is a reason many brokerage houses have sell ratings on these stocks.
Sep 24, 2007, 8:04 pm
#13
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Sep 24, 2007, 8:07 pm
#14
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Sep 24, 2007, 8:23 pm
#15
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Last edited by shoodawg; Jul 18, 2009 at 7:34 pm