Well, it looks as though they're starting to leave the ship. According to the Yahoo Finance site, Arpey and a bunch of the other senior executives have unloaded hundreds of thousands of AMR shares in the past two business days. Anyone care to speculate on what this might mean....
Exec's Share Sales
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WingNaPrayer
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They got their options. Normally, they sell half. Their options are posted in a separate thread.
FrequentFlierCA
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Keep in mind that Arpey only sold enough to cover the taxes on his.
As for the others, can you really blame them? No management in the world can control seemingly unstoppable rise of oil and corresponding sinking of airline stocks.
As for the others, can you really blame them? No management in the world can control seemingly unstoppable rise of oil and corresponding sinking of airline stocks.
