Delta Air Lines looks like it's going on sale. Let me pose these questions ...
Delta creditors must make a decision on wether or not to accept US Airways offer by Feb 2. I think the creditors will refuse and go with Delta as a stand alone airline. Will the price rise after this news?
Delta wants to emerge from bankruptcy by this summer. What happens to the OTC shares at this pont?
I may play this thru the Feb 2 decision.
Your thoughts?
Posted by metal1 on :
under their current plan of reorg, the dalrq will be worthless once they emerge from BK. you can look at their website for updates.