Originally Posted by
satpak77
Could you expand on this? Side question to the audience, will this merger "benefit" LCC and thus result in a rise in stock price or will it hurt the stock because (maybe this reason...) LLC is being "saddled" with various AMR issues.
Legit questions, I am working on my MBA and just finished a project on the airline industry and thus I am interested to hear the opinions.
LCC stock: it's up 100+% for the year...due to merger...high(er) risk at this entry point. Though today's selloff makes it a decent entry, with stop around 9.50'ish...
LCC stock will probably be gone and re-issued as...maybe AMR
...as this will be some kind of stock deal, I'd say...(LCC does not have enough $$$, so paper (stock) will have to used.)