Mesa Insider Trading
 

I'm not an investor, but as a Mesa pilot I kinda wondered how JO was trading his Mesa stock. Since it's public info, can any investors out there read between the lines using this info?

Date, Insider, Shares, Transaction Value

2/19/08 ORNSTEIN, JONATHAN G.,
Chairman 2,000 Buy at $2.80 per share. $5,600
2/19/08 ORNSTEIN, JONATHAN G.,
Chairman 5,000 Buy at $2.67 per share. $13,350
2/19/08 ORNSTEIN, JONATHAN G.,
Chairman 2,000 Buy at $2.80 per share. $5,600
2/14/08 ORNSTEIN, JONATHAN G.,
Chairman 10,000 Buy at $2.79 per share. $27,900
1/15/08 ORNSTEIN, JONATHAN G.,
Chief Executive Officer 5,000 Buy at $2.75 per share. $13,750
1/15/08 ORNSTEIN, JONATHAN G.,
Chief Executive Officer 12,000 Buy at $2.73 per share. $32,760
1/15/08 ORNSTEIN, JONATHAN G.,
Chief Executive Officer 10,000 Buy at $2.65 per share. $26,500
1/15/08 ORNSTEIN, JONATHAN G.,
Chief Executive Officer 12,000 Buy at $2.72 per share. $32,640
4/1/07 ORNSTEIN, JONATHAN G.,
Chairman 50,000 Acquisition (Non Open Market) at $0.00 per share. $0
7/14/06 ORNSTEIN, JONATHAN G.,
Chairman 49,505 Acquisition (Non Open Market) at $0.00 per share. $0
4/4/06 ORNSTEIN, JONATHAN G.,
Chairman 29,598 Sell at $11.06 per share. $327,354
4/3/06 ORNSTEIN, JONATHAN G.,
Chairman 50,000 Sell at $11.34 per share. $567,000
2/10/06 ORNSTEIN, JONATHAN G.,
Chairman 2,000 Proposed Sale (Form 144) N/A
2/9/06 ORNSTEIN, JONATHAN G.,
Chairman 130,200 Sell at $12.60 - $12.61 per share. $1,641,171
2/9/06 ORNSTEIN, JONATHAN G.,
Chairman 100,000 Option Execute at $4.04 - $4.90 per share. $447,000


2/20/08 LOTZ, MICHAEL,
President 5,000 Buy at $2.72 per share. $13,600
4/1/07 LOTZ, MICHAEL,
President 33,333 Acquisition (Non Open Market) at $0.00 per share. $0
7/14/06 LOTZ, MICHAEL,
President 33,003 Acquisition (Non Open Market) at $0.00 per share. $0
4/4/06 LOTZ, MICHAEL,
President 23,380 Sell at $11.07 per share. $258,817
4/3/06 LOTZ, MICHAEL,
President 40,000 Sell at $11.23 per share. $449,200
2/9/06 LOTZ, MICHAEL,
President 100,000 Option Execute at $4.04 - $4.90 per share. $447,000
2/9/06 LOTZ, MICHAEL,
President 100,000 Sell at $12.61 per share. $1,261,000
2/8/06 LOTZ, MICHAEL,
President 75,000 Sell at $12.61 per share. $945,750
2/8/06 LOTZ, MICHAEL,
President 75,000 Option Execute at $4.04 per share. $303,000


3/12/08 PARKER, MAURICE A.,
Director 9,000 Acquisition (Non Open Market) at $0.00 per share. $0
3/3/08 BELESON, ROBERT,
Director 9,000 Acquisition (Non Open Market) at $0.00 per share. $0
3/3/08 ALTOBELLO, DANIEL JOSEPH,
Director 9,000 Acquisition (Non Open Market) at $0.00 per share. $0
3/3/08 NOSTRAND, PETER,
Director 9,000 Acquisition (Non Open Market) at $0.00 per share. $0
3/3/08 THAYER, RICHARD R,
Director 9,000 Acquisition (Non Open Market) at $0.00 per share. $0
3/3/08 MANSON, JOSEPH L.,
Director 9,000 Acquisition (Non Open Market) at $0.00 per share. $0
3/3/08 BONILLA, CARLOS E,
Director 9,000 Acquisition (Non Open Market) at $0.00 per share. $0
2/20/08 LOTZ, MICHAEL,
President 5,000 Buy at $2.72 per share. $13,600

Not sure what you are getting at, but there isn't much recent action except for JO. All that shows is he lost of a lot of capital value in the last few months if he was buying at $2+ a share.

Sometimes the top brass will buy up stock just to stabilize a falling share and promote stability to their shareholders. Who knows really, but unless they have something up their sleeve airline stock might not be a good place to park cash.

It is going to get real interesting to see what happens when mesa stock starts trading at around $0.30, per share.

Karma is a
B%@*h!!!

Actually, you may be closer to the truth than you think. JO and team bought just after 2007 year-end results were published (on 1/15/2008) and just after the 10-Q was published (2/14). Both reports were negative. I think they were trying to show "management confidence" in the company. Goes to show that they potentially misread what was/is coming at them.

Mesa is a criminal company ya'll. I hope anyone that reads this thread never applies there. No one should work for a rich crook such as Ornstein.

Don't worry. Ornstool's day of reckoning is coming. He has his fingers in so many illegal activities that at least one will come to roost soon. Wouldn't be the first time he got pinched for illegal activity.

the funny thing, it is the spiral will continue as the NASdaq delists mesa....oh wait for it, ANOTHER lawsuit there too!

mesa represents everything that is foul and obscene. From the sub-human treatment with regard their employees, to the cut throat tactics they utilize to any corporate entity that is unfortunate to have business dealings with mesa.

The day mesa no longer exists, is truly a day worthy of celebration!!

Oh yeah, and

MESA SUUUUUUUUUUUUUUUUUUCKS!!!!!

Very productive post. Quite informative, contributing without question.

Don't you have anything better to do?

thanks for the reminder...............

I have to call my broker to sell mesa stock short, and, oh yes and also, to buy mesa put options (http://www.alaron.com), out of the money so as to fully capitalise on the impending demise of this dirt bag company.

I know from your crass tone that you probably work for that shifty operation which means that you have received your furlough warning letter, (based on your seniority number), along with a briefing that bankruptcy can come any day. I suggest that ((( YOU )))
find something better to do with your time than belittle me over voicing the fateful truth.
If there were ever were a more deserving borderline criminal enclave that by all means should be ranked upon, it is indeed the crap hole called mesa.


Oh,

and
mesa still SUCKS !!!

Anyone that supports mesa is a Looser, and soon to be out of a job!!

I suggest that you find something else to do. REALLY :0)

Wow chill out bro as evidence by your posts it's obvious you have it all figured out.:rolleyes: It's interesting that you would revel in someone elses unemployment i.e. fellow pilot with respect to furlough. It speaks volumes to your character.

I know being ignorant is all fun for you, just like the majority of your ignorant post have been on Mesa threads. Seriously though, wishing for all those flight crews to go out on the street is the most selfish idiotic thing I have seen.
Sure no one likes Mesa's buisness model and I agree along with everyone else out there that JO should be behind bars taking it from a big man named Tiny; but, with the crap you are posting you are no better than JO himself.

You are entitled to your opinion,


and Mesa Still Sucks, and they will go down!!!

****** happens and You are entitled to your opinion.

It is unfortunate for the employees that have to endure mesa's demise, however, those are the consequences for staying with a really really bad company. Life's a B**th, you made a bad decision, but reality is reality, and MESA IS GOING DOWN

Have no doubt whatsoever Mesa is going down!!!

You call me ignorant, I call you unaware of your situation, brain dead is what you are. You are in a situation that you know what is going to happen, and you stay there, poor situational awareness, then you deserve to go down, and now that you have started resorting to insults? Well then, I will enjoy further watching you go down the tubes with the rest of that desert fecal matter called mesa.



Ignorance is being in a bad situation and doing nothing about it , that makes you the ignorant one


Call me what you want, pride is not an issue here.

The Issue at large here is that mesa has to go and the sooner , the better.

As for my continued post on how succky mesa is, I really do enjoy relentlessly continuing to express my viewpoint on what a bunch of low life's are the composition of mesa air group administration. Let me add, by the way , I am not the only one on the planet that thinks this way about mesa.

Mesa is not I repeat not going down anytime soon. Watch and be patient you will see. You see I have better intel then you. BTW I'm looking for a job, and when I find it, it will be a step up not a lateral move or step down. Who do you work for? My guess is you have all of .5yrs experience in the industry. Give it 10 or more and you will see more shades of gray.

Waynesworld is looking for a job? then things are really bad there, I reckon.


There is no way mesa will survive the next year

Havent you been saying the same thing for quite some time now! Oh well, I guess if you say it long enough maybe it will happen. Its only sad that this all you have to say!!!!!!!!!

Get a hobby or something! Please!

Yes, nostradamus, I do work here. I haven't receieved a furlough warn letter because I am not in the bottom 400.

Still happily logging PIC. I never refuted you on the fact that Mesa is a terrible company, but merely asked you if you have anything better to do. Obviously you don't since you've responded to my post 3 or 4 times.

You're ill wishes towards others may come back to haunt you someday.