Once again a new historic low with this trade today
0.001 2000000 12:29:51
And then somebody came and buoyed it back up with a 3million share purchase.
In all seriousness, if i was Barry i would be doing a 2000:1 reverse before i would be releasing any results. That would facilitate a higher share price if the results are good, but also allow them to sell more paper if the results were no so good. Kinda an 'insurance policy' for Delta if they were to reverse before results came out, especially if it was done while the markets were on holidays or preoccupied. Like maybe chrismas break? It could possibly suck for shareholders and the financiers, but may be in Delta's best interests.
Just a thought to encourage some discussion on this crappy cold day.
Robert
There are no good stocks, only good trades.