Originally Posted by
Lowlevel
From Smart Money (on your link)
And while I can’t come anywhere close to that Detroit bungalow’s price with a big company, I’m afraid some big companies fetch far less than these at the moment. Phoenix-based Mesa Air Group (
MESA: 0.12*, -0.03, -20.43%), with a fleet of more than 150 aircraft and flights to 39 states, sells for less than $5 million, if you want to tackle its more than
$500 million in debt.
And you can't argue with that fact!
Mesa is going to die, whether DAL drops them or not.
Goldman Sachs bought about $25,000 worth of stock in Feb. You think you know better than them? They've made about 40K in one month. I wasn't too sure about mesa stock but the series of events the last few months and the fact that they're moved flying to CVG, they're not going anywhere. And it's kind of scary but that saying about nuclear holocaust and mesa surviving it might be true, I'm sure other companies would have called it quits a long time ago. But the stock is so cheap anyways, it's hard not to buy.