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Mesa stock hits .04 cents.......


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Mesa stock hits .04 cents.......

Old 02-12-2009 | 02:40 PM
  #11  
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From: I AM NOT A KAPTAIN, i keep the right seat, nice and toasty
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Originally Posted by DublinFlyer
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

I AM proud to work at Mesa Airlines, and I am proud to work with some of the finest in the business........
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Old 02-12-2009 | 02:54 PM
  #12  
ToiletDuck's Avatar
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If I don't see a new thread when it hits .03 I'm going to be very upset.
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Old 02-12-2009 | 04:10 PM
  #13  
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From: LAMA/P180/747
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I will start one at .01
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Old 02-12-2009 | 04:50 PM
  #14  
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From: DHC-8 CA Furloughed
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Originally Posted by Pontius Pilot
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.
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Old 02-12-2009 | 04:57 PM
  #15  
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Originally Posted by TheDashRocks
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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