AMR Stock is up, up, up!

[Nor'Easta]

This is fantastic news for all AA employees:

Closing bell as of 03-14-2006

AMR Corporation (AMR)AMR quote Real-time quotes
After Hours: 25.98 +0.03 / +0.12% Vol. 3,400
25.95 +0.65 +2.57%
High 25.95
Low 25.00
Volume 2.668 Mil
Detailed Quote
StockScouter Rating 5

Stock AlertsAnalyst Ratings

 

[DFWCC]

Bonus for the "Tremendous Thousand" is predicated on stock value.
As soon as they get theirs it'll probably nose dive so we can't get any off our options.

 

[Bob Owens]

[quote name='Nor'Easta' post='363082' date='Mar 14 2006, 10:27 PM']This is fantastic news for all AA employees:

Closing bell as of 03-14-2006

AMR Corporation (AMR)AMR quote Real-time quotes
After Hours: 25.98 +0.03 / +0.12% Vol. 3,400
25.95 +0.65 +2.57%
High 25.95
Low 25.00
Volume 2.668 Mil
Detailed Quote
StockScouter Rating 5

Stock AlertsAnalyst Ratings[/quote]


Let me know when it hits $300/share, thats our breakeven point for what the measly 400 shares we got cost us.

 

[pooksmom]

Bonus for the "Tremendous Thousand" is predicated on stock value.
As soon as they get theirs it'll probably nose dive so we can't get any off our options.

B I N G O ! ! !

 

[1 VF-1 2NV]

B I N G O ! ! !

So all the front line employees, CSA, rampers, mechanics should all cash in on April 17?

 

[NewHampshire Black Bears]

Certainly looks like Former ModerAAtor's prediction of $30 per share, will become a reality !!


NH/BB's

 

[TWU informer]

Let me know when it hits $300/share, thats our breakeven point for what the measly 400 shares we got cost us.

$300/share might indeed recover the concessions lost. But what about the divorces, suicides, and other forms of mental anquish the sell out also caused? Even $300/share will not begin full recovery.

 

[Hackman]

Those bone-us'es are required to keep management from leaving. The employees however are "just lucky to have a job" working for mother AA.

"You need to learn your place in society".... :angry:

 

[Bob Owens]

$300/share might indeed recover the concessions lost. But what about the divorces, suicides, and other forms of mental anquish the sell out also caused? Even $300/share will not begin full recovery.

True, but how do you put an accurate price on suffering? Besides we will never see $300/share anyway. The company would be worth more than the sum of its assetts. The only way we would see that is if AA were the only carrier left in the US, perhaps the world.

Right now AMR has 186.1 million shares outstanding. At $300 a share it would mean the company would have a market cap of $55,830,000,000.

Current market caps.

LUV $14.6 billion
AMR $5.025 billion
LCC $2.9 billion
CAL $2.306 billion
UAL $1.86 billion
Total $26.691billion

So in other words the bulk of the idustry only comes out to $26 billion , less than half of what AMR would have to be in order for the current number of shares to reach $300/share.

 

[FWAAA]

True, but how do you put an accurate price on suffering? Besides we will never see $300/share anyway.

Yet despite that admission/realization on your part, you just keep posting over and over again that the stock would have to hit $300 (or more) per share if your options are to fully make up for the tremendous sacrifice made by the AMR employees in early 2003. Airplanes are just likely to be fueled with water or fixed entirely by robots as AMR is to hit $300/sh.

Of course you know that the piddly stock options handed out to the employees were never intended to fully replace the $120k (or more) the concessions cost the TWU members. The only way the stock would have come close to replacing your concessions is if the TWU members had been given nearly all the stock of AMR in exchange for their $620 million (AMR's stated value - YES, I KNOW THEY ARE ACTUALLY LARGER than that) annual concessions.

Problem is, that would have left almost no equity for the pilots or FAs, and they probably would have squawked at getting practically none of the stock and the TWU represented employees getting almost ALL of the stock.

 

[410OhOne]

First to all the Sheep out there!

Your fleecing is coming.

Watch this financial institution held stock soar as the option maturity date draws nearer.

Then comes the "Earth shattering Kaboom!"

The fat cats will all cash out and your little bonus, or thank you for giving us all these concessions will dive as well.

SO YES, to answer someones earlier post!

It may only be 400 shares/options but I would sell the same time mahogany row does.

What a shame the state of our country is in right now.

GM is next. Just wait till the big three start in on the pension and health care rapings.

Maybe AMERICA will wake up!

WAKE UP! WAKE UP! WAKE UP!

Let me paraphrase;

Citizens should not fear their government, a government should fear their citizens.

 

[1 VF-1 2NV]

First to all the Sheep out there!

Your fleecing is coming.

Watch this financial institution held stock soar as the option maturity date draws nearer.

Then comes the "Earth shattering Kaboom!"

The fat cats will all cash out and your little bonus, or thank you for giving us all these concessions will dive as well.

SO YES, to answer someones earlier post!

It may only be 400 shares/options but I would sell the same time mahogany row does.

What a shame the state of our country is in right now.

GM is next. Just wait till the big three start in on the pension and health care rapings.

Maybe AMERICA will wake up!

WAKE UP! WAKE UP! WAKE UP!

Let me paraphrase;

Citizens should not fear their government, a government should fear their citizens.

Many and I do mean MANY FSC that I talked to WILL exercise their options on or before April 17. Look at this: Delta seeks to Nix Employee Stock Options. This may happen at AA.

 

[FWAAA]

Many and I do mean MANY FSC that I talked to WILL exercise their options on or before April 17. Look at this: Delta seeks to Nix Employee Stock Options. This may happen at AA.

The bolded portion of your post has no basis in reality. There's zero chance that AA's employee options will be canceled.

The Delta action is to cancel options relating to its current stock, which itself is expected to be canceled as part of its restructuring. As you know (or should know), the old stock of UA and US was canceled (twice for US) as part of their emergence from Ch 11. Delta's cancellation of the options is merely a formality, since the DL stock will never hit the options strike prices anyway. It's not going to hit those prices because it will be canceled. As in worth $0.00 per share.

Only way for AA to cancel the employee stock options would be to file for Ch 11 (unless it could get the employees to agree to the cancellation). Neither is gonna happen.

 

[Bob Owens]

Only way for AA to cancel the employee stock options would be to file for Ch 11 (unless it could get the employees to agree to the cancellation). Neither is gonna happen.

Or the TWU could agree to it without consulting the employees. After all we got those options without voting on them. The options are part of the contract, so, since the TWU International owns the contract they could negotiate away the options just like they did our pay, benifits, holidays, sick time, vacations, even a week that we earned the year prior.

I guess if someone sold their stock they would have to write out a check to the company.

 

[MiAAmi]

The stock has been bouncing around $29 per share this am