FlyFastLiveSlow
BEWARE OF DOG(MA)
- Joined
- Jul 9, 2004
- Posts
- 2,422
-They're losing 20% of their flying
-They've just lost 90 MILLION DOLLARS and stand to lose that much again in another very similar lawsuit
-Their bonds are coming due and they have very limited financial options
-US Airways hates them and will drop them in four years (provided that Mesa is around that long)
-They face de-listing from NASDAQ
-They're losing money every month on operations and should be in a negative cash position before the end of the year, barring this stock issuance (if it happens)
-They can't staff their flying
-United is taking MORE flying from them
-oil is $100 a bbl
...no you haven't heard this before.....maybe one or the other, but not all at once.
I would think with your political leanings and opinions, that you of all people would support Mesa's business practices. I'm guessing you most likely have a man-crush on Johnny O., but are afraid to admit it, because you know it would conflict with your political leanings.