Those that still have their stock what price do you think you'll sell?

[Deleted member 14439]

Thx weaasles. Why the personal attack? I do not give a rip what you think of me. I'm only putting the information out there that was given to us at our meeting. I'll stick with my view that those shares were stolen from us. The union collects dues from my paycheck. They should be using those monies to defend any lawsuit. After all the company does not take money from my check to defend themselves. Carry on there weaasles.

 

[WeAAsles]

Thx weaasles. Why the personal attack? I do not give a rip what you think of me. I'm only putting the information out there that was given to us at our meeting. I'll stick with my view that those shares were stolen from us. The union collects dues from my paycheck. They should be using those monies to defend any lawsuit. After all the company does not take money from my check to defend themselves. Carry on there weaasles.

Well I guess saying to someone "Piss Off" isn't considered a personal attack to you and saying that you may not have the intelligence to understand all the information that's been put out there and especially by using the term "stolen" rather than held against a lawsuit claim is not an insult but a possible reality.

The Judge handling the issue ordered the TWU to divest the holdings to retain the value in case the EBO people were successful in their claim against the Union (Essentially suing YOU and I) in case there was a drop in AA's share price and they would have lost potential capital.

If the Union has complied with that order than it means that they no longer hold any AAL stock and how then could they hurt the company since it may be held currently in a money market account?

If it is and the Union is ultimately successful in their defence it would mean that they no longer have AAL shares to disburse and they may have to cash in the account and send you a check?

We would lose out on the advance that AAL has had because WE were sued and the judge ordered the hold and the diversification of those assets.

 

[FWAAA]

So did the court order that the withheld shares (the ones held back in case the early-outs prevail in their lawsuit) be sold?

If so, that has the potential to piss off whomever wins that lawsuit, as it's a near-certainty that the AA stock continues to climb until the next economic downturn or oil price shock or world-terror event. No matter which side wins, they're going to be very angry if they don't get the somewhat valuable AA stock but instead are handed some cash (that won't have grown like the stock did).

 

[WeAAsles]

So did the court order that the withheld shares (the ones held back in case the early-outs prevail in their lawsuit) be sold?

If so, that has the potential to piss off whomever wins that lawsuit, as it's a near-certainty that the AA stock continues to climb until the next economic downturn or oil price shock or world-terror event. No matter which side wins, they're going to be very angry if they don't get the somewhat valuable AA stock but instead are handed some cash (that won't have grown like the stock did).

I agree I'd rather they had been able to keep the investment held in AAL if they have diversified. I purchased a boatload of LCC (USair) shares at $18.50 before the merger because I believed I'd eventually make a killing over time.

But a judge can't go and make any decisions based on analysts predictions and he certainly won't look at the fundamentals of the industry. So the order to diversify is understandable to try and retain as much of the original value as possible.

Not going back to look at the particular details I do remember reading the order to diversify though. If anyone wants to sift through the online documents I'm sure they can find that order.

 

[AA Tulsa Mechanic]

One guy actually answered my topic question. Thanks for derailing the thread the rest of you LOL.....

 

[AANOTOK]

One guy actually answered my topic question. Thanks for derailing the thread the rest of you LOL.....

You had a question, it was answered...then business as usual!

 

[AA Tulsa Mechanic]

Answered by one LOL

 

[WeAAsles]

People are always looking for stock advice. If they take your advice and it works out your a hero. If it doesn't work out your a goat. When to sell is up to the individual.

As for me I don't have any predetermined date or price that I plan on selling. I'm going to let it ride until I have a purpose or motivation to sell. One thing I wasn't going to do was sell and get hit with short term capital gains taxes. The value of AAL since it was first issued to us is now well over double and according to Yahoo has an average one year price target of $68.91. The high target is $92.00 though which I personally feel is more reasonable.
 
"$9-$12 EPS is the range for 2015 forecasts
•American Airlines stands to benefit a great deal from the drop in the price of oil; the company's expenses are highly sensitive to changes in crude oil prices.
•Jet fuel is now just $1.42 per gallon, which is the lowest point it has been in more than 6 years.
•American Airlines policy is to leave its fuel expenses unhedged, which means it benefits 100% from current fuel prices, unlike most of its peers which are hedged at higher costs.
•The valuation remains very cheap - with analysts expecting $9.92 earnings per share in 2015, AAL is trading at a forward P/E of just 5"

http://finance.yahoo.com/mb/aal/;_ylt=A0LEVxK5nsJUPRwAWVpXNyoA;_ylu=X3oDMTEzYWhlMWs4BHNlYwNzcgRwb3MDMQRjb2xvA2JmMQR2dGlkA1ZJUDMwMV8x

Basically if you don't need the money and it's been doing gangbusters so far, why sell?

 

[WeAAsles]

Conclusion:
 
We believe the market is currently underappreciating the benefits of cheaper oil for the airline industry. American Airlines is the best-positioned company to take advantage of the cheaper oil. Competitors' current hedges will greatly impact their current cash flow, and we believe that will lead to more disciplined pricing in the near-to-medium term. We believe that American Airlines can earn ~$12 per share fiscal 2015 and is able to navigate through the merger challenges smoothly.
 
Our price target is $120.

http://seekingalpha.com/article/2831316-my-best-idea-for-2015-american-airlines

A little more bullish then what I have in my mind but who knows?

 

[Black Swan]

One guy actually answered my topic question. Thanks for derailing the thread the rest of you LOL.....

I bought a bunch of the AAMRQ on open market and after conversion, kept buying. Optioned a lot of LUV, DAL, and outright buy of DAL.
I struggle like you, but I put a target of 74 out there, and will try to sell to recoup my original investment. Then will base other sales on what oil is doing and general news out there.
The scary part is the chance of an outside terrorist event.
Good luck! What number are you thinking?

 

[AA Tulsa Mechanic]

I was thinking 55 all along but now.....maybe $80

 

[WeAAsles]

I was thinking 55 all along but now.....maybe $80

I wouldn't sell even then unless the momentum begins to cool and you see a better investment opportunity. You can also look into diversifying your holdings with an investment professional adviser.

But otherwise why cash out unless you need the money to pay down debt? Like maybe a mortgage refinance or something.