Delphi Automotive Plc fka DLPH

[js49886]

Wouldn't let me edit, so I'll add

"I remember when they first reissued this under the symbol DHPIQ it was around .10-.15 in march last year .. Was going to buy some, but wanted to watch it....It got buried in my watch list & I hadn't checked it.... looked at it a few months later it was $4 & change.... Doh...

This may be an interesting one, if they come out of bankruptcy & reissue new stock, this one is worthless. As it gets closer to coming out of bankruptcy this thing's will keep depreciating, because in the end it will be worth nothing.

This has been steadily declining since last month when they announced these deals. Makes me wonder if it will continue down near .10-.20 where it started, as investors get more nervous about getting caught with their pants down.

At least thats how it seems. I may be interpreting wrong, Some of the companies plans with the stock are difficult to understand....

Looks like they plan on emerging from bankruptcy by years end.

http://www.marketwatch.com/news/story/delphi-narrows-loss-diversifies-customer/story.aspx?guid=%7BC3....
http://www.nytimes.com/2007/08/07/business/07delphi.html?ex=1272859200&en=8463b396a182219d&e....
http://www.marketwatch.com/enf/nytimes.asp?guid=%7BB37EDEE2-8822-4B07-8A2D-552CCA1428FC%7D&link=....
Im still keeping my eye on it"