Originally Posted by
DeltaPaySoon
Why would you buy stock at this point when it will be extinguished during their bankruptcy?
AMR will get to re-issue stock after the bankruptcy and all current holders will own nothing.
Volatility. Right now there are rapid swings in the stock price. The stock is cheap to buy, so you can pick up a lot of it at once. If it goes up, then dump it all and profit. I made a few bucks literally overnight just the other day. People are buying for easy money, not an investment.