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12-30-11: AMR down 33% / being delisted
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12-31-2011, 05:30 AM
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HalinTexas
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Joined APC: Feb 2005
Position: Was I finally in the right place at the right time?
Posts: 537
Every publicly traded company is delisted or relisted in bankruptcy, unless it was prepackaged reorganization. Either way, holders of the stock are effectively wiped out. ¢/$ at best.
I'm not surprised here.
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