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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)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.
"waaah"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 %#&^!
It cost the flight attendants $1.8 Billion!WingNaPrayer said:I don't agree that anyone got screwed though, since the "plan" didn't cost anyone anything.
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.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.