Delta went down to around 7 a year or so ago after being at 60 before the crash and 9\/11. I thought it had to be a good buy except that it’s earnings at that time were -$15 a share and projected losses were $6 a share. It just seemed like a company couldn’t possibly lose that much money. But they bottomed out and went up to around 15 before starting to work their way down again. Earlier this week they released the earnings which were bleak again and their stock was back in the 7’s. I thought it was interesting but I’d hold back. Today it dropped in the mid 6’s so I bought some. It’s very speculative but hopefully it will go up. As soon as I bought it I wished I’d bought more, but that was the greed talking. I will buy more if goes down 20%, but I’m thinking I won’t sell unless it goes up 40%.<\/p>\n","protected":false},"excerpt":{"rendered":"
Delta went down to around 7 a year or so ago after being at 60 before the crash and 9\/11. I thought it had to be a good buy except that it’s earnings at that time were -$15 a share and projected losses were $6 a share. It just seemed like a company couldn’t possibly … Continue reading “Bought some Delta”<\/span><\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-57","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/posts\/57","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/comments?post=57"}],"version-history":[{"count":1,"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/posts\/57\/revisions"}],"predecessor-version":[{"id":941,"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/posts\/57\/revisions\/941"}],"wp:attachment":[{"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/media?parent=57"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/categories?post=57"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fiveforks.com\/ted\/wp-json\/wp\/v2\/tags?post=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}