Buy, Sell or Hold: AMR Corp. (NYSE: AMR) Has Nowhere to Go but Down

In February, I made my case against United Continental Holdings Inc. (Nasdaq: UAL ) , - owner of both United Airlines and Continental Airlines - saying high fuel prices would be too much for the company to bear. Well the same is true for AMR Corp. (NYSE: AMR ), which is best known as the parent company of American Airlines - the fourth-largest airline in the world. The rising cost of fuel has put a squeeze on the company's margins, leaving it a hostage to higher oil prices. So let's "Sell" AMR Corp. (**).