Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of American Airlines parent AMR
So what: Early trading saw AMR fall more than 10%, but the stock had recovered to a 6% loss as the closing bell approached. Trading volume is slightly above average but not enough to suggest panic selling when the Dow Jones Industrial Average
Now what: The seesaw pattern suggests there's a cadre of Big Money buyers who believe enough in American to prop up the shares as bears sell. Who's right? AMR's debt is now 149% of available capital. By contrast, United Continental Holdings
Interested in more information about AMR? Add it to your watchlist by clicking here.