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Bought some Delta Airlines stock today ...

Started by Whataboar™, September 15, 2005, 05:26:39 pm

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Whataboar™

I'll probably be wrong here, but I just don't see Delta going under, despite filing for bankruptcy.
Couldn't pass up 300 shares of Delta at $.75 per share today.
Crazy? Yeah, I probably am.
I remember a few years ago, though, when KMart filed bankruptcy and I seriously thought about buying some of its stock when it dipped below $1; didn't do it, though.
If I recall, it crawled back to around $30 per share before it was purchased by ... who was it? Sears?
Anyhow, I now own two ultra-speculative stocks _ Delta (DAL) and Emerson Oil (EOGI).
An older gentleman, who first got me to invest in the market, used to call this kind of investing "wildcating'' _ a term he borrowed from his oil-drilling days.
I guess I'm a small-time wildcater now.  8)

"Daddy. When you and mommy first met, did you love yourself first or did mommy love you first?'' _ our then 7-year-old daughter.