Delta Fares

What is going on with Delta Airline Stock? I am confused should I hold or sell?

Public Comments

1. How much did you pay? How much risk can you take?
2. It looks like Delta's reorganization plan is going to get approved, which, if that happens, the equity is going to be cancelled (ie, worthless) when they come out of bankruptcy. Even if the US Air bid had succeeded, the proceeds would have gone to the bondholders, and not the equityholders. Maybe there is some way that I'm not aware of that equity holders can come out of this with something...kind of hard to see how that would be right now.