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UAL bankrupt...rumor!

olympus593

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[FONT=ARIAL, Helvetica, Geneva][FONT=ARIAL,]Just breaking now - shares down 55%

UAUA: UAL Corp: United Airlines files for Ch. 11 to cut costs by 20%,
according to ISA - Bloomberg (8.52 -3.80)
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Turtlesfly

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[FONT=ARIAL, Helvetica, Geneva][FONT=ARIAL,]Just breaking now - shares down 55%[/FONT]

[FONT=ARIAL, Helvetica, Geneva]UAUA: UAL Corp: United Airlines files for Ch. 11 to cut costs by 20%,[/FONT]
[FONT=ARIAL, Helvetica, Geneva]according to ISA - Bloomberg (8.52 -3.80)[/FONT]
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You font is impossible to read. So I just stared at Erin Andrews. Sorry, is there news here?
 

gutshotdraw

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Happy trails, to you....until, we meet, again.....
 

PlaneDrvr

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the stock is now down 99.92% to $.01

CNBC now reporting that:

"UAL stock halted pending news"

"Rumors of UAL filing BK UNTRUE"

Rumor of a BK filing came from someone circulating an old story from when they filed BK before.

Not sure its the whole story, but just wanted to clear thing up some.

PD
 
Last edited:

olympus593

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You font is impossible to read. So I just stared at Erin Andrews. Sorry, is there news here?

Sorry that the way it came out after a copy and past from Blomberg. It was saying that UA filed chapter11.
UA is however denying it, so maybe a rumors nothing else.
 

spitfire1500

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Enough
Watching the news...."United stock trading halted"
 

localizer11

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Trading halted on UAL

All airline stocks are lower. Oil is up on Ike and calls by some OPEC members to cut production.
 

wmuflyguy

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A four year old article was accidentally recycled on the Chicago Tribune website. This according to CNBC. UAL stock trading has been halted and the stock sits at $ .01
 

stall022

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<IMG class=pixelTracking height=1 width=1 border=0>UAUA 0.01, -12.29, -99.9%) shares were halted Monday following rumors that the airline holding company was filing for bankruptcy, a rumor UAL said was completely untrue. An old news item on United Airlines seeking bankruptcy inadvertently resurfaced on a Web site, triggering a sell-off that wiped out 99% of the company's share price, CNBC reported. Shares of UAL last traded at a penny a share, down 99.9%
 

135Drvr

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Not good news either way:


NEW YORK (MarketWatch) -- UAL Corp. (UAUA:
ual corp com new
News, chart, profile, more
Last: 0.01-12.29-99.92%
11:07am 09/08/2008
Delayed quote data
UAUA 0.01, -12.29, -99.9%) shares were halted Monday following rumors that the airline holding company was filing for bankruptcy, a rumor UAL said was completely untrue. An old news item on United Airlines seeking bankruptcy inadvertently resurfaced on a Web site, triggering a sell-off that wiped out 99% of the company's share price, CNBC reported. Shares of UAL last traded at a penny a share, down 99.9%.
 

RiddleEagle18

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somebody just lost a ton of money and somebody else is gonna double their money pretty quickly if these rumors are proved untrue. All on a rumor!
 
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