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jdoe
08-31-2005, 12:15 AM
How much lower are these going to go?

Time to step in and buy?
08-31-2005, 12:24 AM
buy delta when they announce they are bankrupt
jdoe
08-31-2005, 12:27 AM
if DAL files Chapter 11 do you think they will CXL the stock like kmart did?
jdoe
08-31-2005, 12:29 AM
I can see it as a good move *if* they don't CXL the stock

jdoe
08-31-2005, 12:47 AM
When a (quality/large) co goes bk they always go up after they announce. Enron/United/Win Dixie. I expect DAL to announce bk in late sept/oct as mid sept the new bk rules go into affect making it less favorable. DAL will probably be down to .20-.30 by that time before it rides back up to around .75, I will be loading up HUGE then.
08-31-2005, 12:48 AM
It takes a while for the stock to be cancelled.
08-31-2005, 12:49 AM
oh yah and kmrt was another, i think they cancel the stock almost all the time on when losing the Q, i'm not sure tho.
Mano
09-01-2005, 03:58 PM
DAL is down around a $1/share now - you think it will go much lower?
09-01-2005, 04:14 PM
much lower
Dan Mezick
09-01-2005, 04:22 PM
Come on now.
09-01-2005, 04:32 PM
the day they announce bk it will go down a min of 25% most likely 40-50%