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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Regional (https://www.airlinepilotforums.com/regional/)
-   -   Mesa stock hits .04 cents....... (https://www.airlinepilotforums.com/regional/36864-mesa-stock-hits-04-cents.html)

CAPTAIN INSANO 02-12-2009 02:40 PM
Originally Posted by DublinFlyer (Post 557899)
For anyone who wants to take this as another opportunity to bash Mesa.... read my post first. Thanks.

http://www.airlinepilotforums.com/557831-post88.html

I just looked for this part, and ignored the rest once I found it.........


Originally Posted by DublinFlyer (Post 557831)

I AM proud to work at Mesa Airlines, and I am proud to work with some of the finest in the business........

ToiletDuck 02-12-2009 02:54 PM
If I don't see a new thread when it hits .03 I'm going to be very upset.

NoJoy 02-12-2009 04:10 PM
I will start one at .01 ;)

TheDashRocks 02-12-2009 04:50 PM
Originally Posted by Pontius Pilot (Post 557793)
Mesa has 60 days from January 5th to comply with the NASDAQ listing regulations - i.e., it must have an average value of $1.00 or greater for 10 consecutive business days or it will be delisted. They have successfully fought delisting a few times now, but I doubt they will be able to continue. When the stock is finally delisted it will be worthless. So it doesn't matter how cheap it is right now, eventually it won't have an exchange to trade on.
Unless a reverse stock split occurs, like Express Jet.

iPilot 02-12-2009 04:57 PM
Originally Posted by TheDashRocks (Post 557979)
Unless a reverse stock split occurs, like Express Jet.
Actually, due to the low market cap a reverse split is impossible. They're stuck riding this one out.


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