Why yes, yes the chart is uncannily similar (http://finance.yahoo.com/q/bc?t=1y&s=LEHMQ.PK&l=on&z=l&q=l&c=mesaq.pk)
Your point is presumably that MESAQ.PK is awaiting the same fate as Lehman...except, ummmm, nobody has bought squat yet from MESA.
At least the Lehman bankruptcy fees are much clearer...astronomically clearer!!
MESA's not so much.
but I'm a tad confused since you did not explicitly say you were either Series 7 licensed, a registered broker, or otherwise an associated person under Rule 15(b).
If so, perhaps a Rule 17(b) disclosure would also be very impressive, actually, pretty much a legal necessity.
If not, perhaps some skin around that bag of hot air you're blowing would help us understand your situation and weigh your advice more accurately.
You are very right about the high risk here jimski, but with high risk there is also a very high reward potential.
This is why the "Q" and the "PK" markets even exist at all!
I am a licensed equity options trader and I like to "speculate" and watch these sorts of things bounce around from time to time.
I have even seen, with my own eyes, stocks that were at a penny go to over several dollars from time to time.
Good luck, and happy investing, to all!
LONG & STRONG (and if she dies that's just fine because this is called "sheer speculation").
About those stocks that have recovered and gone from a single cent back into the several dollars catagory... all the "bashers" somehow miraculously managed to vanish, and they were never heard from again.
Thanks for the encouraging words Hotman. Regarding Airlines take on all this. I wll be the first to say this is far from being a sound investment. We're not talking Proctor and Gamble here, strangely enough the word Gamble is in the name though. I'm seeing nothing by longs that are making any promises written in stone. Buyer definitely beware.
However, there is pontential for serious gains on Mesa for those who are willing to stick their necks out. In case anyone has'nt noticed, this stock is still being traded,on top of that it's been on the rise of late. What's wrong with that?
Believe it or not I know people who are teaching their kids about penny stocks and how they exist with reward potential, along with other convential investments. Placing them in their proper perspective is the key. It's an education you'll never see taught by commie liberals in the overly unionized school system where educators are not held accountable for their poor performance. The upcoming election will take care of that, if this country has a saving grace, because we are stil a free capitalist society. In short, we are willing to lose money as an expense for also making it.
You are insane. MESA is toast. The longer it takes, the more debt, less value and less chance stockholders will get anything though that is already unlikely. Nobody needs or wants the equipment they have anymore than they wanted a DASH 8 10 years ago.