Shoulda Bought Mesa Stock!

[outtahere]

Its up today, high of .74. Lets hope it doesn't go much higher or they just might make it! DAMN!

 

[LowlyPropCapt]

Ok... Let me appeal to your (and to those of like mind) intrest here:

Do you really want to Mesa to go under, dumping nearly 1500 pilots on the job market? After all, maybe they will be competing with YOU.

Just a thought. Have a nice day.

 

[flyf15]

Mesa's stock is insanely volatile. The company is doomed to go down, not up. Even if it is making huge gains today, its a stupid investment. Concentrate on companies that have a future.

 

[outtahere]

Competing for what? I am only trying to go to NetJets, but if a fourloughed pilot gets it ahead of me I have no problem with that. After all, I have a job and they don't. If Mesa does go under and one of their pilots need a hand with anything, I will gladly give it. To answer your ? though, yes I hope and pray that they go out of business, the sooner the better.

 

[WIPilot]

Also: a low stock price isnt what puts a company out of business.

 

[outtahere]

Granted. Although voaltiliy can make for a great short term investment.

 

[ironspud]

Word over at APC is that Mesa and Hawiian have settled for just north of 52 Million. Haven't been able to confirm thru news sources. If so, could be the reason for the upswing.

 

[regionaltard]

Ok... Let me appeal to your (and to those of like mind) intrest here:

Do you really want to Mesa to go under, dumping nearly 1500 pilots on the job market? After all, maybe they will be competing with YOU.

Just a thought. Have a nice day.

The competition that we should be worried about is a result of too much capacity and too little demand for small jet lift. It's the pilots and airlines that will take concessions to keep flying that are the real problem. Exhibit A: The US Air EMB rates came about in part to keep those jets away from Mesa. I sympathize with the pilots there who aren't tools, but the industry will be better off with Mesa and its business model in the rear view mirror.

 

[stall022]

Word over at APC is that Mesa and Hawiian have settled for just north of 52 Million. Haven't been able to confirm thru news sources. If so, could be the reason for the upswing.

http://pacific.bizjournals.com/pacific/stories/2008/04/28/daily34.html?ana=yfcpc

Hawaiian Airlines is entitled to $52.5 million following the settlement of a lawsuit over interisland carrier go! airlines.
Hawaiian Holdings had accused Mesa Air Group, parent company of go! airlines, of using proprietary information that Mesa had obtained while Hawaiian was in bankruptcy proceedings, to help its go! operations to compete in Hawaii.
Phoenix-based Mesa will withdraw its appeal of an $90 million judgment awarded against Mesa by the court and will receive $37.5 million.
Mesa said in a statement that the settlement would not restrict go! from continuing services in the interisland market.
Shares of Hawaiian Holdings (Amex: HA) were up 1.3 percent to $8.01 in afternoon trading, meanwhile Mesa (Nasdaq: MESA) stock was up 0.2 percent to 70 cents.

 

[Broke in CVG]

desperate for cash they are.... they settled so they could get back that $32.5 million to try and continue to fund operations.

 

[F/O]

desperate for cash they are.... they settled so they could get back that $32.5 million to try and continue to fund operations.

Hawaiian could be desperate for cash too....otherwise why give Mesa a little air to breathe?

 

[captain007]

Competing for what? I am only trying to go to NetJets, .

good choice!!!!

 

[captain007]

desperate for cash they are.... they settled so they could get back that $32.5 million to try and continue to fund operations.

No they settle because the court cost was too much and couldn't afford it.

 

[outtahere]

good choice!!!!

Now if I could just get an interview!

 

[makersmarc]

It's called a "dead cat bounce."

 

[siucavflight]

Ok... Let me appeal to your (and to those of like mind) intrest here:

Do you really want to Mesa to go under, dumping nearly 1500 pilots on the job market? After all, maybe they will be competing with YOU.

Just a thought. Have a nice day.

Absolutely yes, we are not very concerned about how many pilots are out there, the concern is how many small 50 seat jets can the market support, the less that are out there the less that we have to worry about our jobs. True for those that are looking for jobs are going to have a tougher time, and oh no, might have to have a few thousad hours to get a job with a regional.

 

[Pilot124]

I would rather not gain anything than sell my soul to the devil and buy that stock. BURN MESA!!!!:angryfire

 

[CLARKGRSWOLD]

your an idiot

 

[Turtlesfly]

YOU'RE a bigger idiot. Way to call out somebody as stupid when you can't spell.

 

[Airbus300]

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[FONT='TIMES NEW ROMAN', TIMES]RECENT EVENTS [/FONT][/FONT]​

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On March 28, 2008, Delta Air Lines, Inc. (“Delta”) notified the Company of its intent to terminate the Delta Connection Agreement among Delta, the Company, and its wholly-owned subsidiary, Freedom Airlines, Inc. (“Freedom”), dated as of May 3, 2005 (as amended, the “Connection Agreement”). Delta seeks to terminate the Connection Agreement as a result of Freedom’s alleged failure to maintain a specified completion rate with respect to its ERJ-145 Delta Connection flights during three months of the six-month period September 2007 through February 2008. [/FONT]​

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If Delta is successful in terminating the Connection Agreement, the Company cannot predict as of the date of this proxy statement the total severity or extent of the combined impact of a termination upon the Company’s operations, revenues, employees or ability in the future to operate as a going concern. The ERJ-145 Delta Connection flights Delta is seeking to terminate generate in excess of $20 million per month in revenue for the Company and employ approximately 340 pilots, 170 flight attendants, 150 mechanics and 100 other support positions. [/FONT]​

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If Delta is successful in its efforts to terminate the agreement, the Company may be unable to redeploy the ERJ-145 aircraft in a timely manner or at the lease rates the Company receives under the Delta Connection Agreement. [/FONT]​

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The Company denies there is any basis for terminating the Connection Agreement and on April 7, 2008, the Company filed a lawsuit against Delta alleging breach of the Connection Agreement and seeking specific performance by Delta of its obligations under the Connection Agreement. [/FONT]​

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[FONT='TIMES NEW ROMAN', TIMES]PROPOSAL NO. 1 TO BE VOTED ON [/FONT][/FONT]​

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ISSUANCE OF SUCH NUMBER OF SHARES OF THE COMPANY’S COMMON STOCK AS MAY BE NECESSARY TO REPURCHASE ALL OF ITS OUTSTANDING SENIOR CONVERTIBLE NOTES DUE 2023 IF THE COMPANY IS REQUIRED BY NOTEHOLDERS TO REPURCHASE THE NOTES IN ACCORDANCE WITH THE INDENTURE DATED JUNE 16, 2003, AND IF THE COMPANY ELECTS TO SATISFY ITS REPURCHASE OBLIGATION BY ISSUING SHARES OF COMMON STOC[/FONT]​

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...looks like they want permission to issue a lot more stock, which would end up lowering the stock price.[/FONT]​

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