My take is the same as yesterday .. the DOJ action won't be a negative for DAL .. have owned DAL off and on for the last 5 years but had been out for a bit - bought in yesterday morning at around 19.20 again - was surprised by the JPM downgrade this morning a bit but comfortable that we'll be fine with this position when this sector stabilizes a bit
Fundamentally, DAL has not changed since yesterday and has been beaten down 10%. It is only panic sellers and short sellers taking advantage of the situation. I have started my position from the 19.26 yesterday and added some more at 18.85 this morning. I strong believe that DAL will be back in the 20 in a few days or next week. When people are fearful, be greedy!!!!