Airline Stocks

jdoe · #1 08-31-2005, 12:15 AM

How much lower are these going to go?

Time to step in and buy?

#2 08-31-2005, 12:24 AM

buy delta when they announce they are bankrupt

jdoe · #3 08-31-2005, 12:27 AM

if DAL files Chapter 11 do you think they will CXL the stock like kmart did?

jdoe · #4 08-31-2005, 12:29 AM

I can see it as a good move *if* they don't CXL the stock

jdoe

#5 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.

#6 08-31-2005, 12:48 AM

It takes a while for the stock to be cancelled.

#7 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 · #8 09-01-2005, 03:58 PM

DAL is down around a $1/share now - you think it will go much lower?

#9 09-01-2005, 04:14 PM

much lower

Dan Mezick · #10 09-01-2005, 04:22 PM

Come on now.