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-   -   Got 10$ (https://www.airlinepilotforums.com/regional/36595-got-10-a.html)

ACEY1 02-05-2009 01:28 PM

who would want that stupid stock............hah hah

muushin 02-05-2009 01:41 PM

Preemptive celebrations
 
tomorrow it will open at 6 cents


CHEERS!!:D:D:D


YouTube - Sousa - The Washington Post March

YouTube - Sousa - Semper Fidelis

http://www.youtube.com/watch?v=p3lGr...eature=related

The Juice 02-05-2009 01:45 PM


Originally Posted by NightIP (Post 552923)
Gotta risk something to get something. And c'mon, at $0.08/share, how much of a risk is it really? A loss of $80 for 1000 shares is a perfectly acceptable risk for the possibility of making a few hundred or more.

The only problem is the $10 trade to buy the stocks and the $10 to sell later on is $20, or 25% of your initial investment. So if you are going to buy some mesa stock, buy a bunch

I bought $1000 of Sirius XM Radio back in January at $0.11, so about 9000 shares.It closed at $0.165 today, so about $500 profit in a few weeks.

Point is, buy a bunch if you are going to buy it.

NightIP 02-05-2009 01:49 PM


Originally Posted by The Juice (Post 552941)
The only problem is the $10 trade to buy the stocks and the $10 to sell later on is $20, or 25% of your initial investment. So if you are going to buy some mesa stock, buy a bunch

I bought $1000 of Sirius XM Radio back in January at $0.11, so about 9000 shares.It closed at $0.165 today, so about $500 profit in a few weeks.

Point is, buy a bunch if you are going to buy it.

Agreed. Though, while I'm just fine with risking $80 for 1000 shares, I'm not stupid enough to risk $800 for 10,000. It is Mesa afterall. :D

RU4692 02-05-2009 02:27 PM

If I were to purchase Mesa stock, I'd personally wait till the lawsuit is over with Daddy D. Then again you only have until the 10th. Big risks produce big rewards, however this one is to volatile for me.

"The issuance of the Common Stock and 2012 Notes, which is expected to close on or around February 10, 2009, is exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 3(a)(9) and Section 4(2) thereof."

Mesa Air Group Announces Successful Restructuring of Its Senior Convertible Notes Due 2023

jeepcrawln 02-05-2009 02:37 PM

Why waste even $0.08 a share trying to get rich, you might as well drop a couple bucks on the lottery, at least that way the odds are only like 1 in 147,000,000. That sounds alot safer to me.

NightIP 02-05-2009 02:42 PM


Originally Posted by jeepcrawln (Post 553008)
Why waste even $0.08 a share trying to get rich, you might as well drop a couple bucks on the lottery, at least that way the odds are only like 1 in 147,000,000. That sounds alot safer to me.

If you're so sure it'll go down, go ahead and put your money where your mouth is and go short on 10,000 shares. :D

Pontius Pilot 02-05-2009 05:09 PM

Penny stocks are traditionally a very poor investment vehicle. Think about it: there is a reason the stock is at $0.08 a share. If the stock were worth anything it would have been bought by value investors and the price would go up. The reason its so low is because nobody is willing to touch the stock. It could be worth nothing in a few weeks.

Its the gamblers fallacy that makes people think it "must go up". It can go down and it can go away.

I'm not saying that people shouldn't take risks, just realize it isn't a sure thing. Don't risk money you depend on and can't afford to lose. Don't expect to make tons of money. If you do profit, be pleasantly surprised. Buy and hold would be the best strategy - a long term investment.

When AMR was trading at $4 a share I almost bought 2,000 shares. I wish I would have because within 2 weeks it was trading about $12 a share and I would've made a good lot of money. But a penny stock is a big difference. There is a reason for the price...the market has factored in all the relevant information into the value.

But it is a good opportunity to give investing a try if you have the money to lose.

Brendan 02-05-2009 05:40 PM


Originally Posted by Pontius Pilot (Post 552865)
Warren Buffett invested in the airlines 1 time and vows he will never do it again. No money to be made.

It's amazing how many people think they can "beat" the market and the value investing strategy of Graham and Buffet. DUMB.

Mason32 02-05-2009 05:56 PM


Originally Posted by NightIP (Post 552923)
Gotta risk something to get something. And c'mon, at $0.08/share, how much of a risk is it really? A loss of $80 for 1000 shares is a perfectly acceptable risk for the possibility of making a few hundred or more.


JO has more lives than a New Orleans alley cat.... it's high was around 6 bucks.... sounds to me like it's worth throwing some money at it for a few thousand shares.


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