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Originally Posted by BigBeauford
Seems like a good value unless the company goes bankrupt. Hasn't Delta done this already and doesnt it wipe out the shareholders?
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If the company goes bankrupt then yes I believe that is a game-over scenario share wise.
I'm looking at Delta or United share prices and it seems like an opportune time to invest, I don't think those companies will go bankrupt. At least if you believe that the corona-virus is a temporary blimp in the radar- how long do you think the virus would effect domestic and international travel?
Boeing is obviously a different animal, having two significant "black-swans" with the manufacturing issues of their new jets and now the corona-virus. Is boeing too big to fail?