Does anyone know if it's safe to purchase Delta stock now?

Answer 1

Don't buy unless it is for a quick trade, and even then it is very risky. When Delta emerges from bankruptcy, whether is bought by by LCC, or whether it emerges as a stand alone company, the common stock will likely be worthless and the bondholders will own the company. Debt holders are first in line in bankruptcy proceedings, and the bonds will likely be converted into common stock, with the old stock being left worthless.

Answer 2

Date Open High Low Close Avg Vol Adj Close*
Jan-07 1.30 1.48 0.99 1.18 5,951,600 1.18
Dec-06 1.34 1.77 1.21 1.30 6,503,400 1.30
Nov-06 1.09 1.75 0.96 1.33 6,880,100 1.33
Oct-06 1.32 1.39 1.01 1.09 2,213,800 1.09
Sep-06 0.72 1.78 0.72 1.37 6,290,700 1.37
Aug-06 0.72 0.75 0.66 0.72 856,000 0.72
Jul-06 0.75 0.79 0.63 0.70 797,000 0.70
Jun-06 0.70 0.81 0.66 0.75 1,549,000 0.75
May-06 0.69 0.69 0.60 0.67 1,055,000 0.67
Apr-06 0.62 0.90 0.50 0.69 2,232,400 0.69
Mar-06 0.51 0.76 0.30 0.57 3,359,600 0.57
Feb-06 0.63 0.64 0.50 0.51 2,219,600 0.51
Jan-06 0.64 0.68 0.50 0.63 2,505,600 0.
Wait till it's around $1 per share,dont pay more than $1.18.
Cash rich company,prime for buy out,but refuses cause of re structure plan.keep in mind this is a company in bankruptcy.Heavly day traded..Yes it could be a gamble quit rewarding....dont invest long term,wait till good news and hedge your position..play with the profits>>>

Answer 3

check it on aptistock freeware

with buy sell signal

Answer 4

No.