Re: Northwest Airlins A Good Buy?



Jerry wrote:
>
> Just seen where NWAC is going into chap. 11. You were fortunate to have
> dumped earlier. Hope you didn't buy today.
>
> --
> Jerry
>
> "Scott" <golden@xxxxxxxxxx> wrote in message
> news:43279A70.FF7228A7@xxxxxxxxxxxxx
> >I dumped my NWA stock a month ago and took a $400 loss. Now I see
> > Northwest may declare bankruptcy on Wed, Sept 14th. In anticipation
> > of that, their stock price fell to $1.57 today. If they don't declare
> > Chapter 11 on Wednesday, might this be a good time to buy some NWA
> > stock, figuring it can only go up? Then sell it and take the profit?
> > I know airlines are a bad long-term investment, but what about in this
> > short term situation?
> >
> > Thanks!
> > Scott

Jerry,

No, I held off doing anything with NWAC. I did leave 10 shares in my portfolio
when I sold off the stock a few months ago. Let's see, that's about $7.00 worth :)

Scott
.

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