Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Regional
Mesa....Buy baby BUY!!!! >

Mesa....Buy baby BUY!!!!

Search

Notices
Regional Regional Airlines

Mesa....Buy baby BUY!!!!

Thread Tools
 
Search this Thread
 
Old 03-23-2009 | 08:22 AM
  #11  
Diver Driver's Avatar
Moderator
 
Joined: Mar 2007
Posts: 2,634
Likes: 0
From: Tiki bar
Default

Originally Posted by joethepilot
So you've made 20 bucks of your investment and you're a genius?
I'm no mathematician, but 20,000 shares at 0.04c is 800$ in the initial investment. Sold at .14c for $2,800... he made $2,000. Good for him if he really bought at .04 and sold at .14. I wouldn't hold onto it any longer, Mesa's longer term trend is down and the house of cards could come crashing down if the court's decision is not in their favor.
Reply
Old 03-23-2009 | 08:49 AM
  #12  
Colnago's Avatar
Gets Weekends Off
 
Joined: Jun 2008
Posts: 711
Likes: 0
Default

Originally Posted by Diver Driver
I'm no mathematician, but 20,000 shares at 0.04c is 800$ in the initial investment. Sold at .14c for $2,800... he made $2,000. Good for him if he really bought at .04 and sold at .14. I wouldn't hold onto it any longer, Mesa's longer term trend is down and the house of cards could come crashing down if the court's decision is not in their favor.
I agree with your math. Not sure where the other poster figured $20. I guess they shouldn't trust pilots with math either.
Reply
Old 03-23-2009 | 09:14 AM
  #13  
Gets Weekends Off
 
Joined: Feb 2007
Posts: 3,045
Likes: 1
From: FO
Default

Cheap stocks are cheap for a reaso
Reply
Old 03-23-2009 | 09:42 AM
  #14  
tr disagree's Avatar
Line Holder
 
Joined: Feb 2009
Posts: 86
Likes: 0
From: Furlough
Default

I would rather spend my money on hookers and booze. At least I know I will get satisfaction out of that. Plus you are probable they same jackass on the yahoo finance board that calls himself mesebepoppin. JO is a wet flopping douchbag and I have nothing against the pilots but seriously Mesa is a cheap carrier that has awful performance, a weak union and crap management.
Reply
Old 03-23-2009 | 09:54 AM
  #15  
20kDoLlOrPilot's Avatar
Gets Weekends Off
 
Joined: Oct 2008
Posts: 100
Likes: 0
From: Ready Reserve Room
Default

Originally Posted by tr disagree
I would rather spend my money on hookers and booze. At least I know I will get satisfaction out of that. Plus you are probable they same jackass on the yahoo finance board that calls himself mesebepoppin. JO is a wet flopping douchbag and I have nothing against the pilots but seriously Mesa is a cheap carrier that has awful performance, a weak union and crap management.
I like hookers....and cheap booze
Reply
Old 03-23-2009 | 10:01 AM
  #16  
makersmarc's Avatar
Gets Weekends Off
 
Joined: Oct 2008
Posts: 355
Likes: 0
From: OH CA - Retired
Default

Cut the guy some slack. He's just trying to gin up some buying activity for a stock he holds 20K shares of. It's not like he is trying to start a false rumor or something (just in... Mesa will be getting a $20 billion contract from the US government to fly illegal aliens back to Mexico).

I'm not sure what the resistance level is for MESA, but I'm pretty sure that if I made 2K on a penny stock there would be some pretty major profit taking. People WILL start heading for the exits, and smart investors know better than to fall in love with a stock, especially a penny stock.
Reply
Old 03-23-2009 | 10:04 AM
  #17  
jeff122670's Avatar
Thread Starter
Gets Weekends Off
 
Joined: Sep 2006
Posts: 315
Likes: 0
Default

yeah, i dont know where the previous poster got $20....maybe because it didnt involve the 60-1 rule, he was at a loss.....

nevertheless, no I HAVENT sold....I think it will continue up for a little more...HOWEVER, only a fool would let it ride with out a "stop order" trailing the stock...

anyway, it's an interesting venture....

hope you guys have the same luck as me!

Jeff
Reply
Old 03-23-2009 | 10:07 AM
  #18  
jeff122670's Avatar
Thread Starter
Gets Weekends Off
 
Joined: Sep 2006
Posts: 315
Likes: 0
Default

"So you've made 20 bucks of your investment and you're a genius? "

you forgot to carry the "1".....

allow me to help:

.04 * 20000 = 800

.14 * 20000 = 2800

2800 - 800 = 2000

questions?
Reply
Old 03-23-2009 | 10:28 AM
  #19  
Avroman's Avatar
Gets Weekends Off
 
Joined: Feb 2008
Posts: 3,142
Likes: 4
From: FIRE ALPA
Default

Originally Posted by king10pin02
Delta is moving mesa to cvg because they intend to shrink CVG, moving Comair to JFK because Comair is a reliable carrier and they intend to grow JFK. If/when delta wins the court battle they will drop mesa and your penny stock will be worth just that....a penny.
Well you are partly right. Delta has been shrinking CVG and Comair has been bearing a disproportionate brunt of that. Comair is more reliable (as is everyone else) compared to Mesa. Comair isn't going to JFK because they intend to grow it, they are going because Mesa/Freedom wouldn't cancel their flights to allow Delta to take the slots when delays hit (almost every day) Comair (and soon Mesaba as well) as wholly owneds can't tell Delta no when the call comes to cancel flights at JFK. That's the big reason Freedom is being swapped with Comair. Any growth at JFK will come when Mesaba is moved out of SLC and into JFK.
Reply
Old 03-23-2009 | 10:37 AM
  #20  
i121ADX's Avatar
Gets Weekends Off
 
Joined: Nov 2008
Posts: 309
Likes: 0
From: Just a broker now.
Default

How much commision do you have to pay your broker on that? Also, you now face a captial gains tax. So really you've only made about $100.00. I would invest in AIG right now than ever invest in an airline. Don't forget that account management fee. If you don't have the funds to pay the tax, I'd dump that stock before it hits $2.00.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
winglet
Regional
19
07-14-2017 03:36 PM
winglet
Regional
45
12-18-2008 05:06 PM
flycrj200
Regional
14
12-06-2008 10:23 AM
CRJPlt
Regional
93
12-03-2008 08:59 AM
Releasemaster
Regional
13
08-14-2008 09:36 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices