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MESA Stock
Although it is still at only 30 cents, MESA's stock has doubled in the last six weeks. I recognize the whole market is up, but not this kind of numbers. I just have to believe that something is up -- finally in a good way for that kind of turn around.
I am serious with this post - I am have made a pot full of money on this stock and I am just wondering if it is time to take my profits, or if I am just on the in the front end of recovery. Please do not flame this thread. |
Cash out. I personally believe the stock price is overinflated. Mesa is and could potentially be in worse financial trouble in the months and year ahead... a lot is riding on how their contracts play out.
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I would sell what you have in it, or that + 10%. That way you put the original amount of $ back into your pocket, and some.
Then, hold on to it for another few months and see if it trends back up, if it doesn't, get out, if it does see if you can make some more cash. booyah |
Originally Posted by AirbornPegasus
(Post 682139)
Although it is still at only 30 cents, MESA's stock has doubled in the last six weeks. I recognize the whole market is up, but not this kind of numbers. I just have to believe that something is up -- finally in a good way for that kind of turn around.
I am serious with this post - I am have made a pot full of money on this stock and I am just wondering if it is time to take my profits, or if I am just on the in the front end of recovery. Please do not flame this thread. |
Hold the stock and buy "put" options on it and "call" options on more Mesa. That way you should be out only the option fee and may recover that when you exercise the call on a climb in price, or lose only the option fee when the price falls and you exercise the put. Basically purchasing insurance.
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Yea, yea, we all know, Mesa is going to go bankrupt and burn just like everyone has been predicting for the last 3 years on these boards. I’m glad I have the privilege to be the second one to post that in this thread. [/sarcasm] :rolleyes:
Now putting all emotions and hatred aside (which you should when you trade, and many people on these boards don’t do that) I would pull out your original investment if possible and let the rest of shares be a free ride. This all depends upon the price that you bought the stock at. The next four weeks we will be hearing plenty of news on Mesa, including but not limited to codeshare agreements, financials, etc. News like that can double the stock again. It can also bring it down significantly. If you’re in for a free ride the downside risk will be virtually eliminated by pulling out your original investment. You can further set a stop-loss on the ‘free riding shares’ and take profit if it get’s to a certain level. That’s my .02 cents, which will hopefully be turned into .60. All investments involve different degrees of risk. You should be aware of your risk tolerance level and financial situations at all times. Furthermore, you should read all transaction confirmations, monthly, and year-end statements. Read any and all prospectuses carefully before making any investment decisions. You are free at all times to accept or reject all investment recommendations made by StrikeTime. All recommendations are subject to market risk and may result in the entire loss to your investment. Please understand that any losses are attributed to market forces beyond the control or prediction of StrikeTime. As you know, a recommendation, which you are free to accept or reject, is not a guarantee for the successful performance of an investment and StrikeTime is expressly prohibited from guaranteeing accounts against losses arising from market conditions. |
Originally Posted by TimSmith
(Post 682394)
Hold the stock and buy "put" options on it and "call" options on more Mesa. That way you should be out only the option fee and may recover that when you exercise the call on a climb in price, or lose only the option fee when the price falls and you exercise the put. Basically purchasing insurance.
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Junk...…......
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Originally Posted by flycrj200
(Post 682511)
Junk...…......
I'd say dump it. I work for Mesa, and I'm not too thrilled with the way the company is going to go. Heck as it is, I just got a furlough letter today saying they anticipate furloughing me in January. I imagine we will furlough deep this time, since I'm almost positive we'll lose the UAL 50 seat flying, and we bungled up the Delta stuff AGAIN by not having enough cash in the bank. It's only a matter of time now. We're bleeding badly, and we keep getting cuts to the throat. I think UAL and or DAL will be the final slice that brings us down. God this is a miserable post. When did I start sounding so depressed? Oh yeah, the day I took my job! :p |
Originally Posted by IrishTiger
(Post 682515)
Always so positive aren't we?
I'd say dump it. I work for Mesa, and I'm not too thrilled with the way the company is going to go. Heck as it is, I just got a furlough letter today saying they anticipate furloughing me in January. I imagine we will furlough deep this time, since I'm almost positive we'll lose the UAL 50 seat flying, and we bungled up the Delta stuff AGAIN by not having enough cash in the bank. It's only a matter of time now. We're bleeding badly, and we keep getting cuts to the throat. I think UAL and or DAL will be the final slice that brings us down. God this is a miserable post. When did I start sounding so depressed? Oh yeah, the day I took my job! :p Junk, I'm talking about the stock not the company and it's employees, except for JO:) |
Mesa stock is junk, no doubt about it. Highly speculative.
Company issues aside though, I can't help but notice that $10,000 bucks invested in Mesa stock in March would be worth around $80,000 today. Not a bad gain for 5 months. If Mesa can somehow convincingly and dramatically stave off bankruptcy, it's liable to shoot into the several dollar ranges. I'm not a fan of Mesa at all, but I'm throwing some "mad money" that I can afford to lose forever at it. Wish I would have went with my gut at the beginning of the year and bought it then. |
I have been buying and selling MESA stock since $0.05. It did well for me. I now think it is a little more risky at $0.30. I considered shorting it last week when I saw it rose very quickly up to $0.36.
I am now thinking of purchasing XJT around $2.55... what do you all think? I do think airlines recover over time like most other industries in a world of hurt now. Airlines stocks are risky for gain or loss though. |
I'm thinking that RJET might be the better choice. It's had quite a run-up over the past 6 months, but their management team is ruthless, competent, ambitious, and have cash in the bank.
I wouldn't expect an 800% return in 6 months a-la MESA, but I wouldn't have to worry about losing all of my investment with an overnight bankruptcy filing either. Like you said . . . buying airline stocks isn't for the timid. I suppose I am, but I've been sitting on the sidelines watching airline stocks for years and I think there's some real money to be made. Just don't bet the farm. |
Earlier this year when SkyWest stock was down below $10, I changed my 401k contributions and now it's at $18.
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Originally Posted by Engineer Pilot
(Post 682544)
I have been buying and selling MESA stock since $0.05. It did well for me. I now think it is a little more risky at $0.30. I considered shorting it last week when I saw it rose very quickly up to $0.36.
I am now thinking of purchasing XJT around $2.55... what do you all think? I do think airlines recover over time like most other industries in a world of hurt now. Airlines stocks are risky for gain or loss though. |
Originally Posted by IrishTiger
(Post 682515)
Always so positive aren't we?
I'd say dump it. I work for Mesa, and I'm not too thrilled with the way the company is going to go. Heck as it is, I just got a furlough letter today saying they anticipate furloughing me in January. I imagine we will furlough deep this time, since I'm almost positive we'll lose the UAL 50 seat flying, and we bungled up the Delta stuff AGAIN by not having enough cash in the bank. It's only a matter of time now. We're bleeding badly, and we keep getting cuts to the throat. I think UAL and or DAL will be the final slice that brings us down. God this is a miserable post. When did I start sounding so depressed? Oh yeah, the day I took my job! :p |
It sure is nice to see JO struggle and bleed.
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Originally Posted by nwa757
(Post 682713)
It sure is nice to see JO struggle and bleed.
It's the people like me who are struggling and bleeding. |
Originally Posted by IrishTiger
(Post 682724)
He's not struggling and bleeding. He's set. Trust me.
It's the people like me who are struggling and bleeding. The only people that are going to bleed are the employees and families of Mesa *if* something bad happens :( |
Originally Posted by IrishTiger
(Post 682724)
He's not struggling and bleeding. He's set. Trust me.
It's the people like me who are struggling and bleeding. |
Originally Posted by hslightnin
(Post 682855)
His Ego is bleeding , dont underestimate that
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Not about the stock, but just got off the phone with a Mesa friend who was hired in August of 2007 who got his furlough notice yesterday for January 2010. I feel horrible, he is a great guy and a great pilot who just got caught in a bad situation.
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This industry sucks, I understand United furloughs go back as far as 1999.
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Originally Posted by flycrj200
(Post 682920)
This industry sucks, I understand United furloughs go back as far as 1999.
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Originally Posted by dodgerk
(Post 682903)
Not about the stock, but just got off the phone with a Mesa friend who was hired in August of 2007 who got his furlough notice yesterday for January 2010. I feel horrible, he is a great guy and a great pilot who just got caught in a bad situation.
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Originally Posted by hslightnin
(Post 682944)
thats 4 months off allot can change
1. I called in sick too many times and they fire my butt.... or 2. The company just tanks. I'm under the impression number 2 might happen. If Mesa is still around, I can see us with 4-600 pilots perhaps. But you're right - it's a couple of months away, and a lot can change. I'm not gettin too worried about it now. If it happens, it happens. |
Originally Posted by IrishTiger
(Post 682978)
True. But I'm September of 2007, and I'm pretty positive if I get furloughed, it's going to go deep. In fact, I have always been under the assumption if I lose my job it's either because of 1 of 2 things:
1. I called in sick too many times and they fire my butt.... or 2. The company just tanks. I'm under the impression number 2 might happen. If Mesa is still around, I can see us with 4-600 pilots perhaps. But you're right - it's a couple of months away, and a lot can change. I'm not gettin too worried about it now. If it happens, it happens. |
The handwriting for furloughs was on the wall when they canned Jorn and brought in Foley. I sat thru Foley's smoke and mirrors presentation when I was on a long sit in ORD and it was quite the show.
IMHO Foley wants to take the airline down to 700 pilots, and keep it there. JO has always said he's got a "pile of resumes" on his desk and he doesn't care about the men and women who actually earn the money for the company. It's sad, but we live at the mercy of the folks who don't care about us or our careers. C'est la vie. |
Originally Posted by nordo
(Post 683251)
The handwriting for furloughs was on the wall when they canned Jorn and brought in Foley. I sat thru Foley's smoke and mirrors presentation when I was on a long sit in ORD and it was quite the show.
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Originally Posted by AirWillie
(Post 682988)
Did the company say anything about bankruptcy? Or how many pilots they expect to have after the furloughs are done?
The number I keep hearing from everyone is 900.. if you have a global above 900 then expect to get axed. Frankly, I'm at the point I don't care anymore and when/if I do get furloughed I think I'll go back to my old career and start making 100k/yr again.. this crap isn't worth it anymore. Don't get me wrong, love flying more than anything, but at what cost? At least I'll be able to afford renting a plane and flying just for fun with my friends again... |
ouch oh well what do ya do. theres so many govt programs for the unemployed we ought to be pretty comfy makin more than we make now
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Originally Posted by IrishTiger
(Post 682724)
He's not struggling and bleeding. He's set. Trust me.
It's the people like me who are struggling and bleeding. At this rate I will be joining you shortly irish tiger (PS I am not a pilot) |
Wow I cant believe our thread has lasted 4 pages! I think everyone realizes how depressing and miserable this whole industry is, and how it really will effect US while the crooks running it fly away into the sunset with their golden parachutes.
In the end, whether we work for Mesa or Skywest, we're all peons getting crapped on for the benefit of others. I just wish pilots would be nice to each other. I catch enough crap from management and my bill collectors. It would be nice just to have a civil discussion with someone else who enjoys flying like I do. I think we often forget that in some way or another, we are related to each other (so to speak), and we need to support each other regardless of what company we chose to work for because in the end all we are going to have is each other. I think now, I'm getting over my anger phase I went through when Mesa (and my job) started going down hill. I think now I just feel defeated and tired. I've done all I can, and I've still lost. |
Originally Posted by IrishTiger
(Post 683971)
Wow I cant believe our thread has lasted 4 pages! I think everyone realizes how depressing and miserable this whole industry is, and how it really will effect US while the crooks running it fly away into the sunset with their golden parachutes.
In the end, whether we work for Mesa or Skywest, we're all peons getting crapped on for the benefit of others. I just wish pilots would be nice to each other. I catch enough crap from management and my bill collectors. It would be nice just to have a civil discussion with someone else who enjoys flying like I do. I think we often forget that in some way or another, we are related to each other (so to speak), and we need to support each other regardless of what company we chose to work for because in the end all we are going to have is each other. I think now, I'm getting over my anger phase I went through when Mesa (and my job) started going down hill. I think now I just feel defeated and tired. I've done all I can, and I've still lost. Amen brother! Where are you based? This whole things stinks... I honestly had no idea there was so much poison in this biz before I got here... I'm really shocked that there's so many pilots hating on each other.. It also amazes me how many out there can't wait to see our company completely go away without regard to what happens with our pilot base. Our management sucks, we all know and agree on this, but as a pilot group, I think we have a lot of good people and pilots here.. I really hope the hating stops and we try to work together. Otherwise, I don't see how anything changes. Anyway, best of luck to all of us and this so-called profession... I still hope and pray better days(much better ones) are ahead of us... |
Really? What programs are those?
you have got to be kidding me, GOVT Programs! Where is the bail out for the Airlines? Why wasn't UAW slapped when the president of UAW said they wouldn't take any pay cuts? The airlines have been hosed big time and we have got to stick together. Otherwise there will be a whole lot of Branif's, Eastern's Pan AMs Western's and the list will keep growing! :cool:
Originally Posted by DashDriverYV
(Post 683642)
ouch oh well what do ya do. theres so many govt programs for the unemployed we ought to be pretty comfy makin more than we make now
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Finally found the total projected number of furloughs at Mesa. Looks like 329 total with 5 coming in Oct. 24 in Dec. 117 in Jan. and 12 more in April. Hopefully things change for the better before this all happens.
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