What he is trying to explain to you is that anyone owning AMR stock had it automatically convert to AMRQ when AMR went into bankruptcy:



And yes, in the vast majority of cases, “Q” stock becomes worthless in bankruptcy, but not in every case. That depends on the terms of the bankruptcy. The AMR bankruptcy was one of the relatively rare cases Where the people who held the stock did not see it become worthless.

https://americanairlines.gcs-web.com...amrq-beginning




So, clearly you’ve got a lot of emotional investment of your own in being right about this...but you are not.