Exxon is widely known to have been a great investment. Airlines are widely known to have been a poor investment. It really depended on the years you owned each.
Click on the link below to see what happened to the price of AMR in the 19 years it took from oil to go from peak to trough. The stock went up 2,000%.
A similar decline in the price of oil is underway. Airline shares are up an average of 60% in a short time. The move has just begun.
http://finance.google.com/finance?chdnp=1&chdd=0&chds=1&chdv=1&chvs=maximized&chdeh=1&chdet=1220040000000&chddm=2869693&cmpto=NYSE:XOM&cmptzos=-18000&q=NYSE:AMR&ntsp=0
Friday, September 05, 2008
EXXON VERSUS AMR
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