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MESA AIR GR INC # Message Board

  • chickenhatsdotcom chickenhatsdotcom Feb 20, 2009 11:07 PM Flag

    Bottom line from this morning's CC is this .....

    If MESA prevais in the Delta suit (and they think they will), we all hit the mini-lottery with our shares bought down here. The CEO was right on when he said that in normal circumstances, $15.3 million in net income would be a time to celebrate, but the Delta issue must be resolved before celebration begins. We also learned that 147 million is the O/S cap after the 25th of this month and when using that number to calculate earnings, it sure looks mind-boggling attractive. Just gotta get through the Delta case and prevail. Until then, the company continues executing just like the last quarter. This isn't a stock to bet the farm on due to the Delta lawsuit and its possible ramifications, but it's certainly a stock to throw $500.00 at or whatever you can afford to lose. If MESA either wins or settles Delta suit, the PPS will fly and I don't mean one-bagger's worth.

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