Republic, another AMR or a jive turkey
08-17-2016, 11:42 AM
#2
Gets Weekends Off
Joined APC: Oct 2015
Posts: 752
Don't do it. Not the same. AAMRQ had $10 billion in cash. RJETQ ticker is likely to be discarded and a new one will be issued leaving RJETQ worthless. All money on hand will go towards bankruptcy costs. Not a similar comparison, other than they both fly aircraft for money.
08-17-2016, 12:59 PM
#4
Gets Weekends Off
Joined APC: Mar 2016
Position: Here and there
Posts: 1,906
08-17-2016, 01:44 PM
#6
Gets Weekends Off
Joined APC: Jun 2011
Posts: 1,150
You'd be crazy. But hey...you got extra cash to invest? Pls send me your banking info via PM and I'll be happy to wisely invest it for you. I'll even guarantee a profit*!
Much love,
"Bernie"
* for me
but in all seriousness I've had a great week but now I'm wondering what's driving this
08-26-2016, 04:20 AM
#10
Gets Weekends Off
Joined APC: Nov 2014
Posts: 304
It's risky. Often times old stock is canceled and new stock is issued when emerging from bankruptcy (delta). So more likely than not you'll be left with nothing when RJET exits BK.
Of course there is a chance you'll come out ahead, but it's a gamble. I'm pretty sure an equity committee wasn't formed so there's probably not gonna anything for the common folk when the big boys get there share.
That said I'm still gonna roll the die on it.
Of course there is a chance you'll come out ahead, but it's a gamble. I'm pretty sure an equity committee wasn't formed so there's probably not gonna anything for the common folk when the big boys get there share.
That said I'm still gonna roll the die on it.
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