Delta Fares

What's the difference between the two Delta Air Lines stocks?

symbols: DALRQ.PK and DNTNQ.PK????????? one is around 70 cents and the other is around 7 dollars, can anybody tell me the difference in the two?

Public Comments

1. It looks like one is common stock and the other is preferred stock. The preferred stock is worth more because the company is in Chapter 11, and preferred stock has a higher priority of payment.
2. DALRQ are the common shares of Delta Airlines. The DNTNQ are 8.125% notes that trade in the pink sheets.