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Isa has been right on with his predictions of MESAQ.He was not buying at 10 and 11 cents when the majority on this board were snapping up the shares.Anyway,there are brighter skies ahead and patience will win out.GLTA
All of your comments concerning past Q stocks have merit.HOWEVER,
the Q stocks that I previously followed had increasing liquidity in their monthly MOR's.MESAQ is the exception to this rule.I do not have a complete FS or footnotes to study,but I can't explain the MOR's of MESAQ.This is just a tool,it may have little bearing on the pps of Mesaq,but it needs to be addressed in the future.GLTA
Mesa Mgt predicted that they would be out of BK in six months.They may have underestimated the lenght of time.M
Did pro formas on the finacials.They suck.One reason why the stock is not higher at this point of time.How didi you arrive at your conclusion?
That would be a nice gig.
Still holding my shares at 7 cents.I have a few dollars put away to buy more BUT better news needs to be coming forth.So far the MOR's have sucked.
Isachair,I'm very disappointed in the last two MOR's.If the trial drags on with Delta,this will hurt MESAQ pps.Also,.comparing Mesaq with SSCCQ is a waste of time.SSCCQ had good MOR's,hired a skilled CFO,increased sales and gross margins,closed a few money losing plants and finally brought their New Lennox plant to capacity.
I have little respect for MESAQ mgt,but things could change soon.I also think my target price of 50 to 75 cents a share is not going to happen in the near future IMHO.You have been right in the past and you may be right in the near future.
I agree.This stock is dead until hopefully good news comes from the legal issues.
We need Goldman Sachs.
It is not unusual for the creditors of a company coming out of BK to vote if the CS is to be cancelled.
Thanks.
Thanks.
Sullivot,I've read two sources that The Court Hearing is either May 10,or May 13.Which one is correct? Thanks.
Good analysis.Things are pointing North.
Mesaq has very little risk on the downside and great potental rewards on the upside.Once we reach much higher levels,charts help forecast the future trend.The reward is not to far off in the future IMO.
I'm still in for the long haul..but I appreciate your comments.
Isachair,about a month ago,you stated that Mesaq might hit .09 or lower.That was a great call,especially when all the wannabe chart-readers were making fun of you.BUT,don't be right again on the downside.GL
Did it effect the pps of MESAQ?
When good news comes out,MESAQ will rise.If no news is forthcoming,we stand in a tight trading range.Don't be concerned about teacups,head and shoulders or hammers.This is a penny Q stock.Been there done that.GLTA
This is a Q stock.If it does'nt move upward in a short period of time people bail.Observed this a few times with SSCCQ.Good news, with people bailing,its still has strong support.This will move on positive news and the better the news the faster and higher this plane will fly.If you have the funds,buy a little here and there,you won't be disappointed.GO CUBS
Go get em Isachair.BOT don't get them mad..they might share their MESAQ charts with us.LOL
Still holding.Patience is required but the rewards could be great.
I'm still looking at several stocks that may do well in the future.I'll find better risk reward situations than Mesaq after BK.GL
50 cents that is the next target.I don't disagree at all.But hold on,several things must occur IMO...Increasing monthly MOR's,a positive ending or positve out of court settlement on Delta.
Major creditors exchanging full or partial exchange of debt for equity.A third party entry would also be nice.If these conditions are met...50 cents would be to conservative.Upwards to one George Washington per share would not be ruled out.That would be sooooo sweet.
We all need to sing "People who need People".
I started last March 2009 on various boards.Since March I'm up almost 500%.I use both technical analysis and my background to evaluate a stocks potential.Could not do a good job w/o all the informative posts on this board.
I deal in financial analysis and Cost Accounting.PLUS no one is making negative personal comments.If one person is rewarded because of my posts....I'm a happy camper.
long or short trades?
I respect your game plan BUT if you get the urge, flip half if you got the shares.GL
Thom,everytime you post a concern the stock rallies.Please post often and show more concern.LOL
I worked the same analysis for Smurfit Stone and I came up with a price of 45 cents a share.The pps hit a high over 1.00 last year.
With all the possible positves info coming out the future pps will be getting brighter.On an earlier post I predicted a price of 50-75 cents a share baased upon financial analysis.I believe that pps will be achieved.Enjoy.
I was watching Jim Cramer talk about a stock that was in a period of consolidation. Volume remained stong and slowly increased.This particular stock then had a big volume day and the stock like a compressed spring shot up.Right now,IMO this is not the case with MESAQ.But things could change in a hurry.Comments appreciated.
You better learn to read English my friend.I NEVER said that.Go back and read my posts.I accept your apology.
HaHa that's agood one.Don't quit your job and become a comedian.
Quit pestering..I'm enjoying the flight.
I must have really damaged your ego.Relax,take a deep breath of air and think positive thoughts.
Everyone has let off negative energy,let's now proceed to the main task of making money.
Isachair, I got the same from the PTN Board.
A few egos have been bruised.Keep sharing the news and opinions and as a result we can all make better decisions.