3 ms·
The last time I bought AAL I profited heavily after they announced bankruptcy. They were pink sheet eventually and went from 17 cents to 12 dollars in a matter
by paulie_a 6y ago
The last time I bought AAL I profited heavily after they announced bankruptcy. They were pink sheet eventually and went from 17 cents to 12 dollars in a matter of a few years.
If that happens again with most airlines I personally will put as much in as I can and wait for a merger after a bailout
Edit to be fair I profited heavily based on an original buy that was 70 dollars total
- bitcoinmoney 6y agoWhich airline stocks are you eyeing for?
- paulie_a 6y agoUnited, American airlines and delta. Maybe Southwest and JetBlue, I wouldn't be all that surprised if they get bought up when the dust settles. These are my picks because they may go bankrupt but they will get a bailout or cash infusion like always. They are not going to cease to exist.
- bitcoinmoney 6y agoAt what price target are you going to buy them? And will they still be available in traditional brokers: vanguard/Fido/schwab when they tank all the way to 50cents?