Originally Posted by paxhauler85

You guys talk incessantly about this even though its old news. JO announced his intentions to do this about a month ago when the stock was selling just a little under a dollar.

Since then the stock bottomed out at 0.45 cents a share, and then came all the way back up to 1.14. It closed Friday at 0.74 cents.

I understand that his strategy is crazy, but it didn't seem to have any discern-able effect on the price of stock. We settled with Hawaiian for $35 million less than planned, and I think that drove the price back up. It is trickling back down (with every other airline stock).

I know many of you have a vendetta for Mesa, but at least talk about something more meaningful. If you can't do that, go back to your old ways of making stuff up.