MESA stock down 18.5% today
04-07-2008 | 06:56 AM
#41
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From: EMB145
04-07-2008 | 07:53 AM
#42
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From: 1st year pay for the 3rd time
When does a stock become a "junk bond"?
I'm talking price only of any stock.....no easy shots at MAG please.
04-07-2008 | 08:14 AM
#43
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From: 737 Right
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.)
04-07-2008 | 08:32 AM
#45
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From: 1st year pay for the 3rd time
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.)
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.)
I think if I were to hold bonds it would be bonds for the "F". That's Ford moderators....Not the other "F" word.
04-07-2008 | 08:57 AM
#46
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From: 737 Right
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.
04-07-2008 | 08:58 AM
#47
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From: Assumed
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?
04-07-2008 | 10:27 AM
#49
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From: Engines Turn or People Swim
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.)
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.)
Stockholders would get zip in BK...bond holders might get something. Maybe.
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