Delta: The Comeback Kid

http://www.russianmeetingplace.com/reviews/data/101/1delta_airlines_logo.GIF

I was surprisingly shocked when I turned on the news and finally saw some POSITIVE news. Delta is recalling 1,000 employees back to work in January. This is the kind of recall I like to hear about! They are trying to take a practical approach at global expansion by re-hiring some of their employees. I purchased Delta stock when it was dirt cheap (It’s in my risky portfolio) and I can honestly say that it has been the best buy of 2006. It’s now selling steadily over a dollar which has given me over an 90% return.

Delta, which is currently operating in bankruptcy, is trying to repair the damages they faced around September 11, 2001. They finally look like they are headed in the right direction after recalling 250 flight attendants back in September. Delta has also reported a net-income of 52 million, compared to its 1.13 billion dollar loss the year before.

Everyone told me that I was a fool for believing in Delta, but I think I will have the last laugh (hopefully). My friends all said that Delta was going under for good and that purchasing their stock was like throwing paper on a fire. Well my stock is up 94% and I am happy that Delta looks like they are striving for success again.

Full Delta Story

Comments

  1. November 15th, 2006| 5:42 pm

    Looks like you get the last laugh with Delta. Got to love consolidation!

  2. January 24th, 2007| 1:47 pm

    […] of my Delta story. Here are some other posts about Delta. 1) Delta: The Comeback Kid 2) Delta: A New […]

  3. January 24th, 2007| 1:48 pm

    […] though they are re-hiring 1,000 employees in January and their stock has been climbing ever since they announced that statement, people are just being […]

  4. January 24th, 2007| 2:11 pm

    […] of my Delta story. Here are some other posts about Delta. 1) Delta: The Comeback Kid 2) Delta: A New Hope 3) Delta: The Last […]

  5. January 31st, 2007| 4:06 pm

    […] of my Delta story. Here are some other posts about Delta. 1) Delta: The Comeback Kid 2) Delta: A New Hope 3) Delta: The Last Stand 4) Delta: Talk to the […]

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