Title Match tomorrow: Heavy Weight (Delta) VS. Middle Weight (MESA)
02-05-2009, 12:56 PM
#201
Gets Weekends Off
Joined APC: Dec 2007
Position: CRJ Seat 13D
Posts: 349
Originally Posted by BURflyer
Haha, the day that Mesa goes to 2+ dollars will be the day that I become an Astronaut. Save your money on real companies. The guys that deal with the market for a living are giving Mesa a 1% shot at success.
02-05-2009, 12:56 PM
#202
Tuk er jerbs!
Joined APC: Mar 2007
Position: B747 Left
Posts: 1,342
Unfortunately I have to wait 3 business days to buy the stock because it's below $4/share (damn restricted funds!), but as soon as I can I'll be tossing in for 1000 shares, assuming the price stays where it's at. The risk/reward ratio is astronomical here. $80 is not a lot of money!
In the mean time I had a few bucks laying around in my account so I just bought 72 shares in after-hours trading. As soon as those funds clear I'll see where we're at and go in for the rest. Do I feel dirty for owning Mesa stock? Yes, but it's all about the money.
In the mean time I had a few bucks laying around in my account so I just bought 72 shares in after-hours trading. As soon as those funds clear I'll see where we're at and go in for the rest. Do I feel dirty for owning Mesa stock? Yes, but it's all about the money.
02-05-2009, 01:11 PM
#204
New Hire
Joined APC: Jan 2009
Posts: 8
ComairFO - True that someone dumped 200K shares right before close, but someone also bought those 200K shares. So the person who bought them must also know something?? I guess it can be said either way. But 80 bux is not that much to spend. True it's a gamble, but which could lead to big gains, worst case scenario - I lose 80 bucks.... couple of nights of no drinking and i'll be fine. But I think it is worth buying the stock. To each it's own.
02-05-2009, 01:15 PM
#205
Gets Weekends Off
Joined APC: Sep 2007
Position: CRJ 200/700/900 CA & Instructor
Posts: 658
Originally Posted by ff0718
ComairFO - True that someone dumped 200K shares right before close, but someone also bought those 200K shares. So the person who bought them must also know something?? I guess it can be said either way. But 80 bux is not that much to spend. True it's a gamble, but which could lead to big gains, worst case scenario - I lose 80 bucks.... couple of nights of no drinking and i'll be fine. But I think it is worth buying the stock. To each it's own.
02-05-2009, 02:49 PM
#209
Gets Weekends Off
Joined APC: May 2006
Posts: 284
Originally Posted by ComairFO
Apparently someone dumped over 200K shares right before the close today. That someone must know something!
If you want to gamble on airlines buy Delta and Southwest which are stable airlines... Try express jet if you want a long shot with large returns...
02-05-2009, 04:31 PM
#210
Line Holder
Joined APC: Jun 2008
Position: Banker....UGH!
Posts: 75
1,2,3, your out!
OK, couldn't keep my mouth shut anymore since most if not ALL of you really don't understand what is going on in this court case tomorrow. I know a little bit about it because I have been following it closely as I almost got furloughed in ground school when Mesa won the injunction and thus I was able to continue on with my job for an extra 6 months before finally getting furloughed.
Mesa received notice in March that Delta decided to end the 145 flying. Mesa promptly filed a lawsuit saying it was a breach of contract to cancel the contract. Then when Delta decided to move along with pulling the flying and attempting the stop paying Mesa the $20M a month as per the contract, Mesa filed a motion for an injunction, because it would have and still will be at least a year or so before the entire case can be heard. In this injunction, which is somewhat of an abbreviated, emergency court case, which are usually very difficult to win, Mesa was able to show the judge that there was good enough evidence that the contract was to be upheld until the full court case can be heard years from now. At this point Delta had already pulled all the flying from Mesa, but because of this injunction, Delta had to continue to pay Mesa the $20M a month. So like any smart company, Delta decided if they have to pay a company to do flying and they aren't flying they might as well give them the flying, which they have done. In the meantime, Delta, which clearly doesn't like Mesa and doesn't want to wait around for a year or two for the case to be heard, filed an APPEAL to the INJUNCTION. And this my friends is what the case is tomorrow. This is simply Delta's appeal to the injunction Mesa won back in May. So now in my opinion, if anyone has the upper hand tomorrow it is Mesa who has already won this injunction and has obviously proved to a judge that there was good enough evidence that he didn't believe that Delta could abruptly cancel the contract and he wanted to wait for the full case to be heard and then make a better informed decision.
FLAME AWAY!!!
Wow, I couldn't have said it better! What a bunch of Poge's! Its about time someone clearly stated in laymans terms the legality of Delta's knee jerk reaction!
Mesa received notice in March that Delta decided to end the 145 flying. Mesa promptly filed a lawsuit saying it was a breach of contract to cancel the contract. Then when Delta decided to move along with pulling the flying and attempting the stop paying Mesa the $20M a month as per the contract, Mesa filed a motion for an injunction, because it would have and still will be at least a year or so before the entire case can be heard. In this injunction, which is somewhat of an abbreviated, emergency court case, which are usually very difficult to win, Mesa was able to show the judge that there was good enough evidence that the contract was to be upheld until the full court case can be heard years from now. At this point Delta had already pulled all the flying from Mesa, but because of this injunction, Delta had to continue to pay Mesa the $20M a month. So like any smart company, Delta decided if they have to pay a company to do flying and they aren't flying they might as well give them the flying, which they have done. In the meantime, Delta, which clearly doesn't like Mesa and doesn't want to wait around for a year or two for the case to be heard, filed an APPEAL to the INJUNCTION. And this my friends is what the case is tomorrow. This is simply Delta's appeal to the injunction Mesa won back in May. So now in my opinion, if anyone has the upper hand tomorrow it is Mesa who has already won this injunction and has obviously proved to a judge that there was good enough evidence that he didn't believe that Delta could abruptly cancel the contract and he wanted to wait for the full case to be heard and then make a better informed decision.
FLAME AWAY!!!
Wow, I couldn't have said it better! What a bunch of Poge's! Its about time someone clearly stated in laymans terms the legality of Delta's knee jerk reaction!
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