Stock Question

[Negmarron]

Have any of you guys bought any Delta stock?

http://finance.google.com/finance?q=dalrq

I'm tempted but I'd like to solicit the advice of experts

 

[Awilli1055]

Before you do anything find out what will happen to these shares when they come out of bankruptcy. I lot of times they make them worthless and issue new shares.

 

[kengdavi]

try looking into Fremont FMT....letme know how it works for you...


"absolute return"



http://www.myspace.com/g_related_vipgz_grindaz


easy paypal $300==> http://www.swatcash.com/5989

 

[Awilli1055]

try looking into Fremont FMT....letme know how it works for you...


"absolute return"


QUOTE]


Unless you are shorting FMT there is nomoney to be made there for the little guys. Look to the energies. With Hurrican sea son coming in June and Iran taking soldiers from England that is where the money is going. Look at the small cap NG providers over the last month. Look at NGAS and HK and CNE which pays a nice divedend. FMT is dead money like Enron.

​

 

[Awilli1055]

Have any of you guys bought any Delta stock?

http://finance.google.com/finance?q=dalrq

I'm tempted but I'd like to solicit the advice of experts

Delta Air plans for stock to trade on NYSE in May
Wednesday March 28, 9:03 am ET

CHICAGO (Reuters) - Bankrupt Delta Air Lines (Other OTCALRQ.PK - News) said on Wednesday it has filed an application to list its new common stock on the New York Stock Exchange after it leaves Chapter 11.



The No. 3 U.S. airline, which aims to exit bankruptcy on April 30, said it expects its stock to begin trading on the NYSE under the ticker symbol DAL.

Existing shares of Delta will be wiped out when the company emerges from Chapter 11. Delta has said it expects to have a market value of $10 billion.

The carrier said on Tuesday it expects to see a profit in 2007 on cost reductions and higher revenue.