GM Says Delphi Deal May Come Soon

In the meantime the sophistocated traders are hitting the bids in attempts to bring in more cheap shares before running the stock back up to new highs. This is called a "wash out" and hope it's only temporary. This is how the game is played. Delphi is probably a $4 - $6 stock longer term now that new contracts and debts are being erased and re-negotiated.