Hi Shrewd,
Yes I deliberately chose AMR's ticker name as my username, I picked up the name while playing a stockmarket game (Wall$treet raider). I made a Buffett-like fortune by acquiring AMR after the US declared war on Iran and detonated a warhead in Tehran, and then selling out after the US flooded the world with cheap oil in the aftermath.
But yes, airlines are a **** investment in RL. As an industry they lose money half the time. It doesn't mean you can't take advantage of uptrends in the share price though and then dump them quickly.
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