Delphi bankrupted !!!

bier · Oct 8, 2005

Could be best time to short GM.

Pabst · Oct 8, 2005

Quote from bier:

Could be best time to short GM.

Expected. In the market. One of the reasons for GM's recent sell off.

bier · Oct 8, 2005

To my supprise, it is down only $0.27 now for after hour trading(as of 1:11pm saturday).

drsteph · Oct 8, 2005

best time to have shorted gm was at 36. Bit late now.

mahram · Oct 8, 2005

I dont know you have every major brokerage claiming delphi wouldnt go bankrupt. So it wasnt expected.

Quote from drsteph:

best time to have shorted gm was at 36. Bit late now.

Marc to Market · Oct 8, 2005

I didn't know courts were even open on Saturdays. Interesting.

http://biz.yahoo.com/rb/051008/autos_delphi_bankruptcy.html?.v=4

mahram · Oct 8, 2005

yup, alot of people didnt know that, b/c usually companies file early monday morning, but I guess they were waiting for a final ditch offer on friday.

Quote from Marc to Market:

I didn't know courts were even open on Saturdays. Interesting.

http://biz.yahoo.com/rb/051008/autos_delphi_bankruptcy.html?.v=4

FCCT · Oct 8, 2005

Does this mean DPH is going to zero?

sometimes bankrupt stocks hang around for awhile not sure why

bestfriend · Oct 8, 2005

How is DPH trading on Saturday?

mahram · Oct 8, 2005

huh lol no trading on saturday, unless your using your options and giving noticed that your excersizing them, but thats not trading its more desk work.

Quote from bestfriend:

How is DPH trading on Saturday?