AMR Tumbles After Pilot Contract Proposal

[bigbear52]

http://www.bloomberg.com/news/2011-11-15/american-offers-pilot-contract-with-vote-call.html?cmpid=yhoo

You would think the pilot's proposal would be positive to the stock market?

Here we go again, opened at 2.13 hit low 1.87

 

[FWAAA]

When stock traders heard about the pilot's hopes for a 10% signing bonus plus three consecutive 7% raises, they realized just how far apart the two sides still are. The stock has been trading at bankruptcy-levels for the past several weeks - so this drop isn't all that earth-shaking.

 

[AANOTOK]

When stock traders heard about the pilot's hopes for a 10% signing bonus plus three consecutive 7% raises, they realized just how far apart the two sides still are. The stock has been trading at bankruptcy-levels for the past several weeks - so this drop isn't all that earth-shaking.

When it falls under $2.00, it does raise a few more eyebrows. Earth-shaking or not F.

 

[tom barry]

Methinks the 4th qtr. "2 MINUTE WARNING" has arrived !