Mesa stock just hit $006 per share
02-11-2009, 12:53 PM
#31
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Probably a hedge fund manager that came back from a 6 week vacation and dumped all their Mesa stock. It's sad how entertaining this has been for me over the last few weeks seeing the company whittle to almost nothing from a financial standpoint.... oh well, I have nothing better to do whilst furloughed.... except play golf; but the weather sucks.
02-11-2009, 12:58 PM
#32
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02-11-2009, 01:02 PM
#34
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It has been entertaining to watch the whole mesa v. delta battle as well as mesa's financial demise. Not because I am happy they are going down the crapper but because of all the reactions from people on here. Either in support of collapse or recovery of the company. It's like a never ending circus.
02-11-2009, 01:02 PM
#35
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Now if mesa does go chp 7 soon with the stock price going the way its going now... what regionals might move into the mesa strong holds?
Skywest moving into PHX and LAS?
Air Wisky and PSA gobbling up all the USairways east coast stuff?
Just curious how everyone might think it will play out....if indeed these are the dying days/months of mesa
Skywest moving into PHX and LAS?
Air Wisky and PSA gobbling up all the USairways east coast stuff?
Just curious how everyone might think it will play out....if indeed these are the dying days/months of mesa
02-11-2009, 01:18 PM
#38
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Originally Posted by flycrj200
At 6.5 million shares trading today, it must be an institutional investor dumping the stock.
02-11-2009, 01:20 PM
#39
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02-11-2009, 01:21 PM
#40
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Originally Posted by flycrj200
If 7 million shares traded today, does that mean 3.5 million shares sold and 3.5 million shares purchased? Who is buying the stock?
It could be any combination of both the buying and selling....also someone might be sneaking in a "long squeeze" which is Darwinstically predacious, kinda like being kicked when you're down.
Did they start looting ole' Ebenezer Scrooge's house yet?
http://www.investopedia.com/terms/l/longsqueeze.asp
Last edited by muushin; 02-11-2009 at 01:32 PM.
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