Amr Stock

Bob Owens

Veteran
Sep 9, 2002
14,274
6,011
Well I got my statement today.

In order for me to get back what I had to give up the stock would have to hit $273/share.



Yea, thats going to happen.
 
Bob Owens said:
Well I got my statement today.

In order for me to get back what I had to give up the stock would have to hit $273/share.



Yea, thats going to happen.
If you had bought just 10,000 shares in March (for less than $2 each), you would have made it all back at just $13 per share, instead of having to wait for $273. Just two weeks ago it was at $13 per share. Imagine that! B)

Want some rewards - then take some risks.
 
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Was the stock available to buy at that time?

Do you really want the type of people who love taking unneccisary risks working on the plane that you are sitting on going 600 mph at 40,000ft?

Some just want a fair price for their labor.
 
Just think we can't even sell it or move it to our own financial consultants. AA has screwed us again! You can only sell 50 shares a year. AMR can go to %#&^!
 
wrx said:
Just think we can't even sell it or move it to our own financial consultants. AA has screwed us again! You can only sell 50 shares a year. AMR can go to %#&^!
"waaah"

PLEASE either quit or quit complaining on and on...
 
Let 'em complain. You need to study that "plan" very carefully. The paper used to send it out to everyone cost more than the entire "plan" is worth. I don't agree that anyone got screwed though, since the "plan" didn't cost anyone anything. If the company would not have said the "plan" was in recognition of the givebacks employees made to save the company, no one would have given it a second though. But for the company to present the "plan" like it was some kind of reward or thanks for taking a hit for the team is nothing less than yet another smack in the mouth.
 
WingNaPrayer said:
I don't agree that anyone got screwed though, since the "plan" didn't cost anyone anything.
It cost the flight attendants $1.8 Billion! ;)
 
Well, the 1.8 billion figure covers all work groups, not just the flight attendants. My point was the stock "plan" came after the concessions, no employee paid for the "plan" - unless of course you want to play semantics back and forth.
 
WingNaPrayer said:
Well, the 1.8 billion figure covers all work groups, not just the flight attendants. My point was the stock "plan" came after the concessions, no employee paid for the "plan" - unless of course you want to play semantics back and forth.
I believe that the complainer was referring to six years at $300 million each, for a total of $1.8 billion from the FAs alone. The mechanics gave up twice as much, as did the pilots. The unionized employees gave up $1.6 billion each year, while management and nonunion work groups gave up another $200 million each year, for a total of $1.8 billion annually.
 

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