Bail Out of DAL Before the Stock Crashes

DAL_EEvEPS

I recommend investors avoid Delta Airlines (DAL). I think the stock could see significant downward pressure as more investors realize how the company is propping up its earnings with relatively aggressive accounting for its pension and postretirement plan (“pensions”), which are already seriously underfunded.

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Eastman Kodak (EK) Will Go Bankrupt

After accounting for its underfunded retirement obligations, Eastman Kodak’s net market value is about -$3.50 per share.

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