Bought some "Delta" airlines. They are trying to come out of Bankruptcy protection. IF they do…..will my shares become worthless, or can they potentially grow? (got them for UNDER 1.00)
Thank u!
(new investor)
depends on how the bankrupcy goes. The creditiors will take a lot of the equity just to cut thier debt holdings. If they take it all then the stock will be worthless. You are not investing here but rather speculating so should expect a good chace of losing. Investing is hard. Specualting is gambling but even less likely to win. Feel free to e-mail me if want some investment basics. yahoo mail this id.
