MESA stock up

[satpak77]

Anybody notice MESA traded 5 million shares today (versus typical 1 million) and made a new 52 week high?

I wonder if we should buy MESA stock (re: AMR back in March)

not pro-MESA management, anti-XXXX, just talking from a investment viewpoint.

this is likely due to the blockage of the ACAI takeover, looks like Wall Street thinks that is best for MESA's health.

anyway, just my 2 cents

Fulltime pilot, part-time stock investor!

 

[GogglesPisano]

ACA stock dropped around 15% ($2.00/share) when the news of the injunction and DOJ investigations hit the newswires. This was roughly the pre-takeover average price.

When the takeover was announced back in October a lot of day traders bought ACA stock in hopes of making some quick cash. When the news broke they saw the possibility of a takeover dwindling and sold.

You never saw an employee group (or our President for that matter) so happy Friday that our stock price dropped 15%

 

[satpak77]

whats the "line pilot" view on the merger? you think it will happen?

we know what the courts said, but they dont see the operations from behind the scenes

 

[w4mch]

satpack 77,
Are you kidding? Where have you been the past two months! Go to www.mesalounge.com and read all the posts for the past 60 days. An ACA/mesa merger would be bad for every pilot on either list.

 

[satpak77]

hey no problem, i obviously need to pay more attention to the MESA/ACAI situation

in any event, looks like Wall Street does not want it because MESA's stock went to a new all year high once the judge blocked the merger.

anyway, just trying to play the stock market side of this

take care man