Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Can someone explain recent AAMRQ stock price behavior to me?
There are things that are clearly beyond me as well. Cash per share is $12.61 but the debt looks like $30 or so per share. I look at that, and the $22 negative book value and don't see where the shareholders are able to recoup anything.