Have these airlines completed their bankruptcy proceedings so that
their present stock is a new issue?
The stock of both companies is now around 0.50 USD.
Or is this stock going to go extinct when further court proceedings
regarding bankruptcy are resolved?
advice appreciated.
the sarp
This is a multi-part message in MIME format.
------=_NextPart_000_0017_01C63E94.4AD89E30
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
If you like to collect stock certificates, a share or two would be nice. =
When I was fifteen years old, I started to get involved in this crazy =
investment game. I had my dad buy me a Standard and Poors investment =
kit. This included the S&P Guide, the S&P Stock Market Encyclopedia and =
a trial subscription to the Outlook.
When I looked at the financials of the airline industry in the S&P =
Encyclopedia, I could not, even as a fifteen year old wet behind the =
ears punk, figure out why anyone would buy this crap. Who the hell =
would invest in a company with negative book value? Many decades later, =
I still can't figure that one out.
Even for daytrading, I wouldn't buy an airline.
--=20
Lubow
------=_NextPart_000_0017_01C63E94.4AD89E30
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2900.2802" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY>
<DIV><FONT face=3DArial>If you like to collect stock certificates, a =
share or two=20
would be nice. </FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>When I was fifteen years old, I started to get =
involved in=20
this crazy investment game. I had my dad buy me a Standard and =
Poors=20
investment kit. This included the <EM>S&P Guide</EM>, the =
<EM>S&P=20
Stock Market Encyclopedia</EM> and a trial subscription to the=20
<EM>Outlook</EM>.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>When I looked at the financials of the airline =
industry in=20
the <EM>S&P Encyclopedia</EM>, I could not, even as a fifteen year =
old wet=20
behind the ears punk, figure out why anyone would buy this crap. =
Who the=20
hell would invest in a company with negative book value? Many =
decades=20
later, I still can't figure that one out.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>Even for daytrading, I wouldn't buy an=20
airline.</FONT></DIV>
<DIV><BR><FONT face=3DArial>-- <BR>Lubow</FONT></DIV></BODY></HTML>
------=_NextPart_000_0017_01C63E94.4AD89E30--
Lubow wrote:
> Don't touch anything to do with airlines unless you collect stock
> certificates.
>
> And that's my answer. If don't like the answer, don't ask the question.
That's like telling me not to wear waffle soles if you're a dog turd.
sarp
You seem to have a death wish with bankrupt companies.
The only difference between Ch 11 and 7 is with 11 a company may
continue to exist if it can settle its debts with creditors for a hell
of a lot less than 50cents on the dollar.
ALL THE EXISTING STOCK IS WORTHLESS. JUNK. TRASH. TOILET PAPER.
Now take that to the other 5 toilet paper stock groups where it
belongs and peddle it there.
That is My most excellent advice.
arthur
====
On 7 Mar 2006 22:55:15 -0800, "sarp" <> wrote:
>
>Lubow wrote:
>> Don't touch anything to do with airlines unless you collect stock
>> certificates.
>>
>> And that's my answer. If don't like the answer, don't ask the question.
>
>That's like telling me not to wear waffle soles if you're a dog turd.
>
>sarp
arthur wrote:
> You seem to have a death wish with bankrupt companies.
> The only difference between Ch 11 and 7 is with 11 a company may
> continue to exist if it can settle its debts with creditors for a hell
> of a lot less than 50cents on the dollar.
>
> ALL THE EXISTING STOCK IS WORTHLESS. JUNK. TRASH. TOILET PAPER.
>
> Now take that to the other 5 toilet paper stock groups where it
> belongs and peddle it there.
>
Go look at the official Northwest Airlines site. They contradict this.
the sarp
"The dumbest thing I ever did was buy an airline."
-- Warren Buffett
--
Lubow
"sarp" <> wrote in message
news:
>
> arthur wrote:
>> You seem to have a death wish with bankrupt companies.
>> The only difference between Ch 11 and 7 is with 11 a company may
>> continue to exist if it can settle its debts with creditors for a hell
>> of a lot less than 50cents on the dollar.
>>
>> ALL THE EXISTING STOCK IS WORTHLESS. JUNK. TRASH. TOILET PAPER.
>>
>> Now take that to the other 5 toilet paper stock groups where it
>> belongs and peddle it there.
>>
>
> Go look at the official Northwest Airlines site. They contradict this.
>
> the sarp
>
Where would you like me to look? Their financial statements?
The stock is currently worth less than zero.
Ah to be born again like a baby.
a
==
On 9 Mar 2006 01:18:56 -0800, "sarp" <> wrote:
>
>arthur wrote:
>> You seem to have a death wish with bankrupt companies.
>> The only difference between Ch 11 and 7 is with 11 a company may
>> continue to exist if it can settle its debts with creditors for a hell
>> of a lot less than 50cents on the dollar.
>>
>> ALL THE EXISTING STOCK IS WORTHLESS. JUNK. TRASH. TOILET PAPER.
>>
>> Now take that to the other 5 toilet paper stock groups where it
>> belongs and peddle it there.
>>
>
>Go look at the official Northwest Airlines site. They contradict this.
>
>the sarp
arthur wrote:
> Ah to be born again like a baby.
>
> a
> ==
with an old man's mouth.
the sarp
This is a multi-part message in MIME format.
--------------020306080205070608070208
Content-Type: text/plain; charset=us-ascii; format=flowed
Content-Transfer-Encoding: 7bit
sarp wrote:
>arthur wrote:
>
>
>>Ah to be born again like a baby.
>>
>>a
>>==
>>
>>
>
>with an old man's mouth.
>
>the sarp
>
>
>
At least he don't sound like a young punk.
--------------020306080205070608070208
Content-Type: text/html; charset=us-ascii
Content-Transfer-Encoding: 7bit
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN">
<html>
<head>
<meta content="text/html;charset=ISO-8859-1" http-equiv="Content-Type">
<title></title>
</head>
<body bgcolor="#ffffff" text="#000000">
sarp wrote:<br>
<blockquote
cite=""
type="cite">
<pre wrap="">arthur wrote:
</pre>
<blockquote type="cite">
<pre wrap="">Ah to be born again like a baby.
a
==
</pre>
</blockquote>
<pre wrap=""><!---->
with an old man's mouth.
the sarp
</pre>
</blockquote>
At least he don't sound like a young punk.<br>
</body>
</html>
--------------020306080205070608070208--
arthur wrote:
> Where would you like me to look? Their financial statements?
> The stock is currently worth less than zero.
> ...
> a
> ==
arthur:
the stock was at .50 at the exact time you posted it was less than
zero.
the point of this thread is to see when the stock will be firm after
the bankruptcy.
the zero.
Lubow wrote:
> "The dumbest thing I ever did was buy an airline."
>
> -- Warren Buffett
>
Buffet buys to hold long term.
That is not the play here.
The game here is short term, just to raise capital to put something
significant into an aggressive growth mutual fund and hold it THERE
long term.
Now can we get back to seeing if and when any money can be made from
the new issue or if the current shares will retain value?
the sarp
sarp wrote:
>Lubow wrote:
>
>
>>"The dumbest thing I ever did was buy an airline."
>>
>>-- Warren Buffett
>>
>>
>>
>
>Buffet buys to hold long term.
>
>That is not the play here.
>
>The game here is short term, just to raise capital to put something
>significant into an aggressive growth mutual fund and hold it THERE
>long term.
>
>
Did you write some rules for this news group that nobody else knows
about, we discuss all stocks here long term short term less than a
dollar more than, well as much as BRKA. You sound just like a teacher I
had in the eight grade, knew everything and knew what everybody should
think. Stupidest teacher I ever met.
>Now can we get back to seeing if and when any money can be made from
>the new issue or if the current shares will retain value?
>
>the sarp
>
>
>
Don S wrote:
> >
> >
the topic of this thread is in the title. let's keep to the topic.
the sarp
I am speaking of real, count the ways, worth.
Not what the hypsters and pumpers and traders want to play.
At a Black Jack table or roulette or ... I see a lot of money so is
that what the game is worth? Jump in, get the into action, ... leave
it for the House. Next game please?
There is no, none, nada, direct connection between the price of a
share of stock and the real worth of the company.
a
==
On 10 Mar 2006 14:04:55 -0800, "sarp" <> wrote:
>
>the stock was at .50 at the exact time you posted it was less than
>zero.
>
>the point of this thread is to see when the stock will be firm after
>the bankruptcy.
>
>the zero.
arthur wrote:
>
> There is no, none, nada, direct connection between the price of a
> share of stock and the real worth of the company.
>
> a
> ==
arthur:
I am beginning to think you are 51 cards short of a deck.
the point of this thread is find out when the best time to jump into
northwest or delta would be.
We already know there is little connection between the worth of a
company and the price of a stock. There is some however. A value
investor will see a beaten down stock that has worth and pick it up.
So the underlying value of a company does have some relation to stock
price at some point. This was a fundamental principle of Peter Lynch.
Can we please get back to WHEN AND HOW TO MAKE SOME MONEY IN THESE TWO
AIRLINES?
Do you know the point when the stock will be viable and when the time
to make gains will be?
the sarp
sarp writes:
> Can we please get back to WHEN AND HOW TO MAKE SOME MONEY IN THESE TWO
> AIRLINES?
>
> Do you know the point when the stock will be viable and when the time
> to make gains will be?
DAMN IT arthur........
Look in your crystal ball & give him an answer already!!!
Ask your broker. You pay them, not us.
a
==
On 11 Mar 2006 02:28:09 -0800, "sarp" <> wrote:
>I am beginning to think you are 51 cards short of a deck.
>
I leased it to Warren Buffett.
a
==
On Sat, 11 Mar 2006 06:02:47 -0500, Blash <> wrote:
>
>DAMN IT arthur........
> Look in your crystal ball & give him an answer already!!!
arthur wrote:
> Ask your broker. You pay them, not us.
>
> a
> ==
Who is us, arthur?
the sarp
arthur wrote:
> Ask your broker. You pay them, not us.
>
> a
> ==
Who is us, arthur?
the sarp
sarp wrote:
>Don S wrote:
>
>
>
>
>>>
>>>
>
>the topic of this thread is in the title. let's keep to the topic.
>
>the sarp
>
>
>
You mean "misc.invest.stocks"
misc. = consisting or formed of various kinds; varied; mixed
Yep were are on topic, no matter how far we stray.