http://finance.google.com/finance?client=ob&q=MESA

another 10% already today

When does a stock become a "junk bond"?

I'm talking price only of any stock.....no easy shots at MAG please.

If this is a serious question then....

It doesn't. A stock is an instrument of equity. A bond is an instrument of debt. Sometimes the term "penny-stock" is used to refer to a stock that is trading below a certain price. However, to be technically correct, this term would probably be a misnomer in the case of MAG.

For what it's worth, I'd much rather be holding Mesa bonds than stock right now! (But am glad to not have either.)

If Mesa does file CH 11 do you think they will continue to fly some of the UAL flying under protection of the court, or just stop flying like ATA?

Thanks. It was a serious question. I guess to be more specific I mean that at a certain point, brokers have to get you to sign a document stating that they are not pushing the "penny stocks" on you. Your purchase is being made on your behalf. I was also thinking of all the shares of DAL that became worthless and then DAL reissued stock.

I think if I were to hold bonds it would be bonds for the "F". That's Ford moderators....Not the other "F" word. :D

I would guess that what you're talking about applies if a stock is traded over the counter (OTC) rather than on an exchange. Each exchange has criteria that may cause a company's stock to be de-listed, such as in the case of DAL on their most recent bankruptcy filing.

When was the last time a court protected Mesa?

Im thinking Skybus scenario. JO may take leave (I personally like pitchforks and torches outside his office saying that the mob would like to 'talk') and then someone from the bottom moves on up before the end.

Kind of like Fun With Dick & Jane...ya know?

Go away MESA, please go away.

Stockholders would get zip in BK...bond holders might get something. Maybe.

Shorting Mesa stock...THATS where the money is at...

.................................................. ..

Down 12.77% today and sitting at $1.23. Ouch!

That's what........60% in less than a week?

http://quotes.nasdaq.com/asp/Summary...&selected=MESA

Market cap all the way down to $33 million now... wow! :)

Unfortunate turn of events for such a QUALITY company that treats their employees so well and thinks so highly of the law.

Survival of the fittest... and death of the bottom feeder. Good for the piloting profession overall, bad for the pilots that have hung on to and supported JO's disgusting cause.

Can they just go already... Who wouldn't be happy?? Honestly...

I'd say by weeks end, "Messa" goes Tango Uniform.

Vacation cancellations extended for Mesa pilots...
Yet another punch in the face in terms of destroying an airline pilot's quality of life, families and sanity.

April 3, 2008
Mesa CRJ Pilot Team,
As you know, we cancelled the CRJ Pilot vacations for the period of March 9th
through May 3rd 2008. This was a difficult yet necessary decision to protect
the operational integrity of our scheduled service for our codeshare partners.
The training department has made great progress in reducing the backlog of
pilots in the pipeline and reducing the overall training footprint. As a matter of
record, we have released 25 First Officers (FO) and 58 Captain (CA) upgrades
in February and March and are on plan to release another 22 FO’s and 18
CA’s in April.
However, recent events with Delta and future Simulator time availability will
cause us to extend the cancelled vacations for at least another month through
May 31st.
Please know that this decision was necessary to ensure our operational
integrity and contractual obligations to our codeshare partners. I honestly
think we are on the road to recovery and this will be a great year for Mesa. I
am committed to making it so.
Thanks for your understanding and support.
Fly Safe!
XXX
COO – Mesa Airlines
XXX
COO – Freedom Airlines

I'm sure that makes everyone feel better...I hope the COO's vacation got canceled.

I would feel bad for the loss of jobs for the pilots, though I wish they would go per the work rules that they tear down in our whole industry.

Get out Mesa.

When the check bounces !:eek:

Wow down to under a dollar ($0.96) today!!