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deepwater

05-01-2020 09:57 AM

Ppffffftt

“...American Airlines Group Inc. received a big blow from Wall Street on Friday as Evercore ISI analyst Duane Pfennigwerth slashed his price target on the Fort Worth, Texas-based carrier to $1 from $10.

That would imply a 92% rout in the stock, which closed at $12.01 on Thursday...”

BigZ	05-01-2020 10:54 AM

F to second the pffffft

Voski

05-02-2020 08:36 PM

A $1.00 target is worst case .... but we’re flirting with worse case. If things don’t improve significantly by August, it’s going to be a bloodbath this fall.

Cyio	05-03-2020 05:05 AM

Quote:

Originally Posted by Voski (Post 3047539)

A $1.00 target is worst case .... but we’re flirting with worse case. If things don’t improve significantly by August, it’s going to be a bloodbath this fall.

Yeah and with Berkshire dumping the entirety of their $4,000,000,000.00 (that's billion) airline stake, things are looking grim to say the least.

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