Wednesday, April 19, 2006

Trade Penny Stock --- NWACQ.PK

NWACQ.PK (Northwest Airlines Corp.)

Northwest Airlines Corporation, through its subsidiary, Northwest Airlines, Inc., engages in the commercial transportation of passengers and cargo. It operates domestic and international route networks and directly serves approximately 900 cities in 160 countries in six continents.
The company and certain of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in September 2005.

It is a risky stock at this moment, but it has huge potential once it got out of bankruptcy.

Its next quarter’s earning estimate is good. And I have noticed its abnormal activity in the past few days. Its closing price of today is 0.58. I suggest you keep an eye on it.

My suggestion: Buy (7)

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