Dude what are talking about?
Everyone knew DAL was involved with Wheel's Up.
It's all over there latest annual.
https://www.sec.gov/Archives/edgar/data/27904/000002790422000003/dal-20211231.htm
They even started a flight academy for them.
That stock is still halted btw. You couldn't sell now if you wanted to.
On the bid side of the level 2 quotes, there's less than 200 shares all the way down to a $1.
If you own it, you may be royally screwed. The new creditors are are gonna get all the new stock. Whatever it is you own might go to zero.
You don't think it's going to go up? I don't have Level 2 here but I could certainly see being screwed. The Delta shares would go to zero then as well that doesn't make alot of sense.
The fact that it's been held so long makes me think it's something more complicated that a straight bankruptcy. Let's Hope!
