Hype in the Airline Industry; Delta and Northwest Airlines

So I bought NWA at 60 cents a share a while ago. Thinking I might be able to trade between the ebb and the flow of its amplitude. Then US Air makes an $8 billion bid for Delta, boosting NWA's price up. I sold at $2.40 banking a tidy profit and a personal record 400% return in 7 months.



Now, people would say, "hey, if there's talk of buy outs, why not hold on? If NWA posts a profit, if the unions back off, if the price of gas stays low, if if if if if..."

All fine and dandy, but to all my colleague toying around with the idea that NWA (as well as Delta) might be worth the buy, you might want to consider this first;



Bulls win. Bears win. Pigs get slaughtered.