Mesa Stock
 

I'm really confused here. How can Mesa still be allowed to trade on the Nasdaq when their shares are down to 0.0520 ?

Am I missing something?? Wouldn't they scrap the stock and consider it penny-stocks and take it off the active trading market??

you are missing something...it's now down to .0498 now!

Has to be below $1.00 for a certain amount of time, I dunno the exact limit............

I heard they suspended the delisting rule due to the crappy economy and the fact that there are so many stocks trading below $1. I'm pretty sure whatever the time limit was mesa has exceeded it.

I kinda wanna buy 10000 shares just to see what happens

Word, but wait for it to hit .03... buy low, sell high.

It's kinda interesting that not only myself was or is watching this. I sat at my computer half that night looking at this stock and having all kinds of ideas in my head. Anyway, I hope the best come sout of this.

There was a delisting ban however that was dropped in Jan I believe and they had till june to get the price back up. I could be wrong on those dates but I think I'm in the ballpark. This one's not really worth looking up :)

Wow, another Mesa Stock thread?

The delisting moratorium has been canceled, and MAG has been notified that they will be delisted if they cannot get the stock above one dollar for ten consecutive days...I think they have another month or two.