posted
I got it at 43 cents and sold at a buck fifty They have said ever since they would cancell the existing common but people still bought
Delphi dphiq bought at .33 fliped it many times selling last at 3.25
Northwest Air nwacq in at 43cents sold over 4 bucks.
Trick is to exit stage left before the reorg plan comes out.
This is released today and has been out there for some time for both Delta and northwest Important Financial Disclosure
Delta's Plan of Reorganization provides for certain creditors to receive distributions of newly issued common stock upon the Company's emergence from bankruptcy. Holders of Delta's existing common stock (the ``old equity'') will not receive any distributions under Delta's proposed Plan of Reorganization. The old equity, which was delisted from the NYSE on October 13, 2005, is currently trading over the counter under the symbol DALRQ. The old equity will be cancelled upon the effectiveness of the proposed Plan of Reorganization, which the company believes will be shortly after the Bankruptcy Court's confirmation hearing scheduled on April 25, 2007. Accordingly, we urge that caution be exercised with respect to existing and future investments in the old equity and any of Delta's existing liabilities and other securities.
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posted
Glass? I am new to Q stocks - how do you find them exactly? I know of a couple, but I am confused about why there are always two stocks, for example, Winn Dixie has this...
Can you point me somewhere I can learn about this (or fill me in when you have time)?
-------------------- Study before you buy, Sell before you think about it....
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quote:Originally posted by SherriT: Glass? I am new to Q stocks - how do you find them exactly? I know of a couple, but I am confused about why there are always two stocks, for example, Winn Dixie has this...
Can you point me somewhere I can learn about this (or fill me in when you have time)?
I like the big announcements on the News. Like when the Airlines went down it was big news and the pps went like a rock to 33 cents
same with delphi Kmart
First they are suspended and put on the pinks to keep um trading. Takes months sometime until some positive info begins to appear in the papers etc then they fluctuate quickly.
Big Compaies that crash but dont go CH 11 are even better Martha Stewart was cool GM was a great Media play and the best I have seen is late 2003 with the Health South scandal
posted
NEVER HAD NO PROBLEM WITH CALPINE (CPNLQ) I GUESS I WAS LUCKY EH... I BOUGHT AT THE $0.2's SOLD AT $1.15 AND IT HIT $2 RECENTLY LOL. BUT CALPINE WAS A "NYSE" STOCK BIG DIFFERENCE.
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posted
maybe yahoo or sumpin like that, which offers a lookup if you don't the ticker? that's all i can think of offhand that would be quick...otherwise, news and filings
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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