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-   -   MESA stock down 18.5% today (https://www.airlinepilotforums.com/regional/24603-mesa-stock-down-18-5-today.html)

JetJock16 04-03-2008 03:27 PM


Originally Posted by btwissel (Post 354794)
either way, you end up with a wicked hangover.

LOL! I love it.

daytonaflyer 04-03-2008 10:17 PM

Two of Hawaiian Air's main competitors just went out of business which gives them much more leverage to put their limited resources toward competing with Go! in Hawaii. Might be part of it.

http://biz.yahoo.com/ap/080403/ahead...ines.html?.v=1

ERJ Driver 04-04-2008 08:04 AM

Holy Mozez!!! Its down to 1.41!!!!! I have gotta get out of this gin joint.

BTW, the lowest MAG has ever been was 1.38 on Sept 28 1990. Wow. SKW was 1.10 on that same day... 20.99 today. The highest SKW has ever been was 32.84 on Nov 11 2005; MAG was 23.50 on July 4 1993. Since Feb 10 2006 MAG has been in a steady decline from 12.14 while SKW has been hovering between 20-28 since OCT 2005, and on the increase since Feb 2003.

A 10K investment in SKW on 28 Sept 1990 would have made you A TRUCKLOAD of money especially considering the regular dividends payouts over the years. MAG on the other hand, well you'd be right back where you started from... no reports of dividends...

MAG
http://finance.google.com/finance?q=OTC%3AMESA

SKW
http://finance.google.com/finance?q=NASDAQ:SKYW

Ok... PLUS, SKW bought ASA and nearly doubled in size while MAG has floundered and shrunk in size to the tune of 300 pilots or so and what, 10-20 planes lost so far (D-8, 1900, and jets)... planning on losing a lot more. OH, BUT AT LEAST WE HAVE ALPA ON PROPERTY!!!! YEAH! GO ALPA! (It just don't have the zing it used to have).

OptimusClimb 04-04-2008 08:14 AM

down 22% today already! i'm glad i got an out!

JetJock16 04-04-2008 08:19 AM

Dear Lord! How low can it go?

ERJdude 04-04-2008 08:50 AM

1.39!!!! when does bankruptcy kick in for us?!?!?!

BlueMoon 04-04-2008 08:58 AM


Originally Posted by ERJdude (Post 355369)
1.39!!!! when does bankruptcy kick in for us?!?!?!

When you run out of cash in the bank.

JetJock16 04-04-2008 09:04 AM


Originally Posted by BlueMoon (Post 355375)
When you run out of cash in the bank.

A company must maintain a specific amount of Cash On Hand; if they cannot then they lose their certification. Not sure how much this is and I'm sure some can add more insight but I’ve been told that if Mesa pays the $80M+ to Hawaiian then they will be below the minimum amount.

My question is, when are the investors going to start calling for Orenstein’s Blood?

flyboyshell 04-04-2008 09:06 AM

As of 12PM Central - Change: 0.41 (22.65%) down

JetJock16 04-04-2008 09:11 AM

Reminds of a Johnny Cash song:

“Going down, down, down and the flames get higher; and it burns, burns, burns. The Ring of Fire, the Ring of Fire”


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