Buy Sirius and Delta Air shares?

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Buy Sirius and Delta Air shares?

Is this a good time to buy shares of Sirius b/c of the pending merger with XM? Is this a good time to buy Delta Air since they will emerge from bankruptcy soon and begin earning a profit?

2007-03-08 01:27:41 · 2 answers · asked by SteveB 2 in Business & Finance ➔ Investing

2 answers

Thanks for supplying me with a good laugh this morning. Made my day. I can think of only about 3000 investments I would rather make.

2007-03-08 02:25:46 · answer #1 · answered by Anonymous · 1⤊ 0⤋

Sirius, don't know. Delta NO. When most (since I don't know the proper percentage, let me change that word to "many") companies come out of bankruptcy, the shares currently traded will be cancelled as worthless and "new" shares issued. Stay away from bankrupt companies.

2007-03-08 01:33:40 · answer #2 · answered by gosh137 6 · 0⤊ 0⤋