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Old 04-26-2011, 10:41 PM
  #11  
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Default I bought AMR too back then

Originally Posted by Whale Driver View Post
Yea, I put in a big buy order in at 2.2 ish back in spring 2003, and my broker talked me out of it. uuggggggggggggggg

Thinking about it again.

March 14th 2003 I bought 8000 @ $1.54. (strike vote) I sold it in the $20's in 06. It went all the way up to $40.66 in 07. Really missed that high. I own AMR now but I do not have faith the management there will turn it around soon.
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Old 04-27-2011, 10:15 AM
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Originally Posted by Boogie Nights View Post
March 14th 2003 I bought 8000 @ $1.54. (strike vote) I sold it in the $20's in 06. It went all the way up to $40.66 in 07. Really missed that high. I own AMR now but I do not have faith the management there will turn it around soon.

You may have missed the high but you still made money.
Good trade.
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Old 04-27-2011, 03:26 PM
  #13  
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Originally Posted by HercDriver130 View Post
Well then.. its must be REALLY bad since a quarter is only THREE quarters....LOL
A quarter equals three quarters? LOL
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Old 04-29-2011, 04:00 AM
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I bought into UAUA at $2.10 the summer of 2009. Thought that I could make an easy 20% selling covered calls. Well the stock went throught the roof and I was forced to deliver the stock at a steep discount. I think that it went up to $10 before a couple months was over, and now much much higher. Atleast I made some %, but sure missed out on the big move.
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Old 04-29-2011, 07:41 PM
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Unless AA gets all new management, it's a dead company. Arpey's compensation goes up 11% this year, and the company's decline steepens.
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Old 04-29-2011, 11:38 PM
  #16  
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Originally Posted by DAL 88 Driver View Post
My "2 cents"... Don't waste your time trying to understand it. Here's an article that explains pretty well why I think that: On Randomness

Plus, I think airline stock is a pretty bad investment anyway.
Bad investment.. yes.. absolutely, but a good trading vehicle for making beer money. If you would have bought DAL last week at $9ish... you could have sold it on Friday for $10+... not too shabby. Dips and highs, but YMMV
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Old 05-01-2011, 01:55 PM
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Originally Posted by Shaggy1970 View Post
Bought 5000 shares at $5.50. Hoping it will pop above the 90 day average of 6.50, time will tell. Hope oil does come down though, for everyone in aviation.
Shorted 5000 shares at about 5.80 and insured it by buying a $7 call option. I think it's going down!
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Old 05-01-2011, 07:49 PM
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Originally Posted by ASAnotASAP View Post
Shorted 5000 shares at about 5.80 and insured it by buying a $7 call option. I think it's going down!
That's not much insurance! I hope you bought more than one call. But you may end up on the winning side anyways...
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Old 05-01-2011, 09:28 PM
  #19  
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If oil retreats, it will go up to ten.
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Old 05-02-2011, 03:50 AM
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Originally Posted by ASAnotASAP View Post
Shorted 5000 shares at about 5.80 and insured it by buying a $7 call option. I think it's going down!
Whoops!!!!
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