New York (December 13th, 2012) - AMR Corp. (PINKSHEETS: AAMRQ), the parent company of American Airlines, is continuing to rally in mid-day trading today. AAMRQ, which for bankruptcy back in November 2011, has been rallying since last week amid reports that the company is in merger talks with US Airways. On Wednesday, American Airlines also rolled out a new fare structure.
AAMRQ is currently trading 17.94% higher at $0.769 on volume of 5.29 million, which is substantially above the daily average volume of 2.98 million. In the last five trading sessions, the stock has now gained nearly 54%. AAMRQ has now finished higher in each of the previous six trading sessions and is headed for another higher finish today.
Find out if AAMRQ could maintain its bullish momentum by getting the full free report here: http://www.wallstreetreport.net/market-scan/?symbol=AAMRQ
APDN had been trading sideways for over a month before breaking out earlier this week. The rally has pushed the stock above $0.225 resistance level. Technical indicators suggest that the rally will continue.
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