(POLL) Would You Invest In AMR (American Airlines) Stocks Now?

[ReadsTheT&C]

Even before the coronavirus, airlines and transports in general performed pretty poorly with no amazing dividends to cushion the blow. I just looked up AAL, UAL, DAL, SAVE, ALGT, LUV, CEA and the XTN Transports ETF. The cruise stocks NCL and CCL are no different. They've all been trading sideways since 2015. Contrast that with the SPY or NOBL and there's no comparison.

The biggest irony is that if people would have bought AMR when this was posted and held they would have made a killing. Unbelievable return. I found multiple articles talking about it but this is the only one not behind a paywall: https://www.star-telegram.com/news/business/aviation/american-airlines/article3852409.html

[Yammer]

There is no reason to invest NOW. There is no end in sight yet, so I would take a sit and wait approach.

+1  the exact timing is obviously unknown...

Even before the coronavirus, airlines and transports in general performed pretty poorly with no amazing dividends to cushion the blow. I just looked up AAL, UAL, DAL, SAVE, ALGT, LUV, CEA and the XTN Transports ETF. The cruise stocks NCL and CCL are no different. They've all been trading sideways since 2015. Contrast that with the SPY or NOBL and there's no comparison.

The biggest irony is that if people would have bought AMR when this was posted and held they would have made a killing. Unbelievable return. I found multiple articles talking about it but this is the only one not behind a paywall: https://www.star-telegram.com/news/business/aviation/american-airlines/article3852409.html

I believe that those who purchased AMR before the bankruptcy, didn't get AAL stocks at the regular conversion.

[lakewood34]

There is no reason to invest NOW. There is no end in sight yet, so I would take a sit and wait approach.

once things look up the big initial moves have already been done and you have lost out. However knowing when to go in is very hard.You can think it;s close to being done and then get hit with another leg down. This would be a classical case of BIG RISK potential big reward

[ReadsTheT&C]

+1  the exact timing is obviously unknown...I believe that those who purchased AMR before the bankruptcy, didn't get AAL stocks at the regular conversion.

It wasn't 1:1 but in the long run it worked out https://www.wsj.com/articles/shares-of-bankrupt-american-airlines-go-sky-high-1386117530

[myi]

There is no reason to invest NOW. There is no end in sight yet, so I would take a sit and wait approach.

If your ganna wait till you see a remedy in sight, by then it might be too late.
     Many times making it big comes along with a big risk.