American Airlines (AMR) Message Board

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Non-Tech : American Airlines (AMR)

AMR 181.72

+4.6%

Nov 3 3:59 PM EST

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To: M CAHILL who wrote (1)	7/22/1998 7:28:00 PM
From: Billy Bob	Read Replies (2) of 152

AMR is trading at a 10 P/E, this is so cheap it is rediculous. I am not long AMR but I am buying at the open tomorrow. This stock is extreamly oversold. But the most important aspect of this stock is the recent hype. The stock is being mentioned in investment websites and newspapers. The stock has back and filled and ready to move higher. As silly as it may seem the stock will probably be up 5 points in one day sometime in the next week. Every time it tries to rally it fails, but considering the market this week, it has acted like a champ. Watch for high volume and quick moves up. The street is talking about AMR daily and now people are starting to take another look. I bet this stock hits new highs next month.

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