FlyerTalk Forums - View Single Post - Shares of Delta Air Lines Stock or DAL: The Definitive Thread
Old Jun 16, 2006 | 12:26 pm
  #365  
Canarsie
Moderator: Hilton Honors forums
1M
50 Countries Visited
All eyes on you!
20 Years on Site
 
Join Date: Dec 2002
Location: Marietta, Georgia, United States
Posts: 25,422
Unless you think that the value of the stock will increase after you purchase shares of it — in which case you can sell it and profit — all before Delta Air Lines officially emerges from bankruptcy, you may as well flush your money down the toilet.

Even if the above scenario is possible — and it is indeed possible, as Delta Air Lines stock (DALRQ) increased in value from a low price of 30’ per share to the current price of 74’ per share, whereby one could have theoretically greater than doubled one’s money — I still would not recommend buying Delta Air Lines stock at this time.
Canarsie is offline