Originally Posted by Finessed
(Post 3178795)
So I’m wrong because only 5% of chapter 11 bankruptcies are converted to chapter 7. Yeah listen that’s most likely so low because nobody bothers with chapter 11 when it’s inevitable chapter 7 is the best result for the parties. But that doesn’t make it “wrong”, it makes it “highly unlikely”.
So let’s take a look at the balance sheet of American Airlines Group. They $64.54 billion in total assets, which is losing value daily. Total debt last quarter was $41.2 Billion. In December they were burning a reported 25-30 million a day. It would be interesting to find out how exactly the debtors would be restructuring. Also I question if American really owns 65 Billion in assets, I bet the debtors during the chapter 11 process would have it valued substantially less. No, you are wrong because you simply pull numbers out of your@$$ with no attempt to be anything but incendiary. |
Originally Posted by Excargodog
(Post 3178809)
No, you are wrong because you simply pull numbers out of your@$$ with no attempt to be anything but incendiary.
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Originally Posted by EagleVol
(Post 3178802)
Why do you care?
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Originally Posted by sanicom3205
(Post 3178804)
Fixed it for you.
I think your hat is on too tight and it's restricting blood flow. Not good! https://youtu.be/fPMseMl6mYo You’re no longer writing more than a few sentences I’ve noticed. I’d assume to prevent exposure to your horrific grammar. Is that the second or third time you’ve cracked the hat joke? You need more material. |
Originally Posted by Finessed
(Post 3178811)
Because I can. When a WI Packers fan watches a game between the Seahawks and Bears, do others at the bar ask him or her, “why are you even here? Why do you even care”. I can care about anything I want, as can you.
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Originally Posted by EagleVol
(Post 3178820)
I never said you couldn’t care, it’s sad and pathetic though if you do since none of it concerns you. It is especially pathetic to go troll the regional forums about AA’s hypothetical demise.
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Originally Posted by Finessed
(Post 3178810)
So you can’t handle the truth now? Yikes. Those numbers are directly from last quarter, also the 25-30 million in cash burn was reported December 7th, 2020. My numbers are from reports.
Look at my prior postings. I have been as frank (and accurate) as anyone about my concerns regarding AA, but I have posted facts, not BS about bankruptcy numbers which you clearly know nothing about, as demonstrated by the fact that you have crawfished after a couple of my corrections. I am as supportive as the next guy about helping those coming here for information make informed choices. What I don’t support is someone neener-neenering people who have invested years of seniority in furthering their careers and had zero control over financing decisions their management made, especially when - absent a black swan event they couldn’t predict - there was nothing inherently unreasonable about those financial decisions at the time. You, on the other hand, seem to take a positive delight in lying and twisting the knife - increasing the angst of people who lack any ability whatever to change the situation. That being the case, this will be the last exchange of postings I will have with you. Go find a rock to crawl under. |
Originally Posted by Finessed
(Post 3178817)
“All the experts say” 😂😂 please watch the video below.
https://youtu.be/fPMseMl6mYo You’re no longer writing more than a few sentences I’ve noticed. I’d assume to prevent exposure to your horrific grammar. Is that the second or third time you’ve cracked the hat joke? You need more material. American accepted another federal loan, while Delta took on debt backed by SkyMiles. This is after taking a $5.4 billion federal loan through the CARES act. You're truly concerned about how one airline financed debt versus another? I don't know what you're trying to argue here. Attacking my grammar doesn't make you look smart. It's yet another example of your pathetic fabrication when you're backed into a corner and can't think of anything else to say. Anyone reading can judge my grammar for themselves. You look like a fool |
Sooooo did we go bankrupt yet? Someone let me know when it happens. Thanks.
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Originally Posted by Excargodog
(Post 3178844)
Those aren’t the numbers I was referring to and you know it.
Look at my prior postings. I have been as frank (and accurate) as anyone about my concerns regarding AA, but I have posted facts, not BS about bankruptcy numbers which you clearly know nothing about, as demonstrated by the fact that you have crawfished after a couple of my corrections. I am as supportive as the next guy about helping those coming here for information make informed choices. What I don’t support is someone neener-neenering people who have invested years of seniority in furthering their careers and had zero control over financing decisions their management made, especially when - absent a black swan event they couldn’t predict - there was nothing inherently unreasonable about those financial decisions at the time. You, on the other hand, seem to take a positive delight in lying and twisting the knife - increasing the angst of people who lack any ability whatever to change the situation. That being the case, this will be the last exchange of postings I will have with you. Go find a rock to crawl under. Copy and pasting the definition of chapter 11 is called “copy” and “paste”, not listing facts. I’d love to see where you found the 5% statistic? You better go hide under a rock with no internet connection because the news won’t be any better for the next year. Sorry to be the bad news bear. You specifically need a reality check. |
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