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Think about your investment here it will cost you 7.00 prob to buy the stock then 7.00 to sell the stock. Lets say you buy 2000 shares at .13 which equals 260.00. Somehow magically they stock has a 50% gain (impossible). So now the stock is trading at .195. You decide to sell your shares for a total of 390.00. Profit is 390-260-14 =116 then take out tax.
If you really want to invest in an airline invest in the ETF with the symbol FAA. If you take that 260.00 investment and put in a mutual fund that pays a dividend that reinvests you would be much better off.
Example would be intitial 260.00 investment left in a fund for 30 years earning an avg rate of return of 5%( realistic ) you would have a total of 1123.71.
So if you still want to invest in MESA learn about options and invest that way if you want to speculate.
I like those odds!:beer:Take your money to a casino. Your odds are better and you'll drink free.
I was thinking of purchasing some stock in MESA. When I was doing research, an article headline appeared about MESA ceasing operations in April 2010. I am assuming the article meant MESA was ceasing United Express operations or another operation in April 2010 but DID NOT mean that MESA was ceasing operations completely, i.e. going out of business in April 2010. Could you guys please clarify?
Thx.
Can't you see the guy that asked this question did it to rub it in the face of Mesa folks, sort of like Mesa did to Aloha.