|Quoting Ptugarin (Reply 6):|
It cannot just be a spike as this is a huge change, and highest in more than a year. I think this is a sign of Delta´s recovery from bankruptcy , as well as investors´confidence that international expansion will bring delta out of the darkness.
|Quoting Ptugarin (Reply 12):|
Did US stock get voided if so, what were the consequences to the shareholders?
|Quoting Zone1 (Reply 14):|
Looks like a good time to short the stock and use those profits to buy the new DAL when issued.
|Quoting AeroWesty (Reply 17):|
This is a good question whether you could actually do that or not. It's been too many years since I knew all the rules. I believe you can't short the stock of a bankrupt company, because the stock doesn't qualify to be margined. But who knows, rules change, perhaps you can now.