Future of Mesa

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10-13-2023 | 02:43 PM

#151

Purpo

Long Call

Joined: Mar 2022

Posts: 21

Likes: 0

From: Sitting down

Quote:

Originally Posted by BusBoe

Yeah the big news was in fact a rumor that became true. Mesa selling all CRJ and being an only ejet fleet. It's now 100% confirmed.

Thank you. This whole thread turned out to be an interesting read.

10-16-2023 | 03:35 PM

#152

LizzyBorden

Line Holder

Joined: May 2022

Posts: 646

Likes: 3

From: Clappin' Rip Bombs

Stock hit a 52 week low today at .77

10-16-2023 | 08:34 PM

#153

TransWorld

Gets Everyday Off

Joined: Aug 2016

Posts: 6,995

Likes: 1

From: Fully Retired

Quote:

Originally Posted by LizzyBorden

Stock hit a 52 week low today at .77

Is that what they call a penny stock?

10-16-2023 | 08:41 PM

#154

pangolin

Gets Weekends Off

Joined: Jul 2017

Posts: 4,083

Likes: 0

From: CRJ9 CA

Quote:

Originally Posted by Purpo

https://investor.mesa-air.com/press-releases

For what it's worth. Was there any big news that actually came out in September?

PS. I don't have a dog in the hunt, just curious.

Like I said nope. But the pipistrel fleet is expanding.

10-16-2023 | 08:59 PM

#155

BusBoe

On Reserve

Joined: May 2023

Posts: 138

Likes: 0

Quote:

Originally Posted by LizzyBorden

Stock hit a 52 week low today at .77

yeah its curising at mach .77

It will eventually run out of gas, stall, then crash and burn.

10-18-2023 | 05:02 PM

#156

N3424V

On Reserve

Joined: Jul 2019

Posts: 12

Likes: 0

How long is CRJ-EJET upgrade training taking?

10-18-2023 | 06:59 PM

#157

StuckOnReserve

Line Holder

Joined: Oct 2019

Posts: 402

Likes: 0

From: Crew room attendant

Quote:

Originally Posted by BusBoe

Yeah the big news was in fact a rumor that became true. Mesa selling all CRJ and being an only ejet fleet. It's now 100% confirmed.

As for Mesa shutting down and etc... That would never be announced during a town hall. It wouldn't be announced ever. If it happens, it would happen immediately with no warning like what happened to express jet. If they notify people before hand of anything that hints at it, all investors will be lost, Mesa stock will be worth 0.0001 cents, and Mesa would shut down MUCH sooner than originally scheduled.

However that is the current going rumor, is that it will be shut down, just not officially announced (and as explained wouldn't ever be announced). Wouldn't surprise me considering the $50 million being lost every quarter

ExpressJet's announcement was announced during a Town Hall. In a United town hall it was announced that UA would be cutting back to one E145 operator, When the decision came down XJT held a town hall telling us C5 was the survivor. We were also told that the WARN letters has been sent.

10-23-2023 | 01:40 PM

#158

Point85ToTheFix

Not a fed just going home

Joined: Oct 2023

Posts: 122

Likes: 61

Down to .65 now boys...

10-23-2023 | 02:10 PM

#159

BusBoe

On Reserve

Joined: May 2023

Posts: 138

Likes: 0

Quote:

Originally Posted by Point85ToTheFix

Down to .65 now boys...

2 months for next earning report and I guarantee it will be another $50 million loss like every single time it's been released. The stock will crash for good.

10-26-2023 | 06:48 PM

#160

pangolin

Gets Weekends Off

Joined: Jul 2017

Posts: 4,083

Likes: 0

From: CRJ9 CA

Quote:

Originally Posted by BusBoe

2 months for next earning report and I guarantee it will be another $50 million loss like every single time it's been released. The stock will crash for good.

it’s publically announced no profit till 2025. But I think the loss will be less than 50 mil.