UAL de-listed from NYSE

DoyleG · Mar 28, 2003

It was announced on CNBC that United Airlines stocks don't meet the minimum price and have been taken off the exchange.

Chicago1871 · Mar 28, 2003

Ain't that a kick in the nuts.

DoyleG · Mar 28, 2003

They last traded at .86/share.

You have a bargin on your hands.

obie · Mar 28, 2003

Originally posted by DoyleG
They last traded at .86/share.

You have a bargin on your hands.
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That would be 86 of the worst cents you ever spent if you think that someone's going to bail them out again any time soon.

The big question is who is going to buy their assets -- especially the O'Hare gates -- when they go into liquidation.

cossack · Mar 28, 2003

Originally posted by obie
That would be 86 of the worst cents you ever spent if you think that someone's going to bail them out again any time soon.

The big question is who is going to buy their assets -- especially the O'Hare gates -- when they go into liquidation.
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JetBlue? Southwest?

obie · Mar 28, 2003

Originally posted by cossack
JetBlue? Southwest?
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Hooters Air.

They may have passed the 30-day threshold today, but I can't find any source that says they were de-listed.

Jeff · Mar 29, 2003

Originally posted by obie
That would be 86 of the worst cents you ever spent if you think that someone's going to bail them out again any time soon.

The big question is who is going to buy their assets -- especially the O'Hare gates -- when they go into liquidation.
Click to expand...

American? If they can somehow hoodwink the govt. into bailing them out?

ElJefe · Mar 29, 2003

Originally posted by Jeff
American? If they can somehow hoodwink the govt. into bailing them out?
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Are you kidding me?

American is just slightly better off than United. And if United isn't getting government assistence, neither is American.