Stock - Possible 52 Week High Today?

[MiAAmi]

AMR stock shooting for a 52 week high today (higher than LUV). I know fuel prices are decreasing but looks like Wall Street is having more faith in AMR's future.

 

[eolesen]

AMR stock shooting for a 52 week high today (higher than LUV). I know fuel prices are decreasing but looks like Wall Street is having more faith in AMR's future.

Actually, it hit a 52 week high on the 9th, 10th, and 11th. It's almost at a two year high (about $17.50 in January 2004).

And to think there were a few employees bragging about how they dumped their shares a few weeks ago at around $12 a share because they were convinced that AMR was going to try and file before the new bankruptcy law went into effect...

Assuming 100 shares sold, that was about a $400 mistake before taxes and commissions.

I'm holding out for $20 by the end of the year.

 

[Hopeful]

$20 might be my sell price too!

 

[TIME FOR CHANGE]

The RSI is at 90 it has to tank sooner or later
Short it