Can you elaborate on what exactly the Wheeler complaint means to the rest of the shareholders?

ugh--i'm thinking the same thing at this point in the year. what's the maximum loss you can take?

Nice day. Hopefully this is the start of some big mo-mo!

Thank you for the insight-it is much appreciated! I'm a relative newbie to the investing game, and although i've done my dd and like what i see, it is nerve-racking seeing it hover at these levels.

I did make the mistake of buying when the stock was running above a penny back in May. Definitely a lesson learned (NEVER chase a running stock), but hopefully it will not be a costly lesson!

Having said all this, what is the supporting evidence of the opinions that we will be seeing .02, .03, or higher? and obviously nobody has a crystal ball, but what kind of rough timeframe do we think before we reach "penny-land"?

thanks for reading my ramblings...like i said, i can be patient with this, but it's depressing seeing my current 80% loss on this since i bought!

just a hunch, or are you basing that on something?

might be a silly question, but i'll ask anyway: If you are successful in this FLD, what's your target price and timeframe to see the results?

GLTA
-O

Love the lockdown talk i'm hearing (i'm in for a paltry 325k shares), but to have a real impact, i think this discussion has to resume on some of the broader boards. JMHO, but most on this board are either holding already, or are ready to pull the trigger at the first hint of a run...

That said, keep up the chatter! if i had more powder, i'd be reloading like hell!

GLTA
-O

Red--
I like (and agree with) your thinking. Out of curiousity, if you had to quantify "unbelievable PPS appreciation", what ballpark are you talking about? Nickel, dime, or somewhere else entirely?

just curious...plus, it's good to have some positive news/ predictions when it's in the crapper like it is this morning! :)

I'm sure it's just a shakedown in response to the lockdown. Obviously, i'm not as seasoned as most on the board, but I expected some kind of resistance from friday afternoon's activity.

It is unbelievably ugly right now, but It sure seems like a solid plan is in place for the 3-6 (or 9-12) month range here.

fantastic! currently holding 323k shares, holding for at least pennies, but hopefully nickels!

I agree. I now have an ulcer, but after reading some background info, I'm holding. Still looking forward to a party in my scottrade account by the end of summer!

GLTA! Maalox and Tums are on me...

OTC-
Am i reading it right in seeing another inverted hammer today? is that significant to see that 2 days in a row?

Might be time to start watching MESAQ again. Up over 20% today on light volume!

At what phase of the BK process are the MORs typically replaced by actual earnings reports?

no doubt. Thinking about loading more myself!!!

at first glance, it seems like 93 pages of "CYA" brief.

Big news for MESAQ:

Judge ruled in their favor in case against Delta!!!!

Big news for MESAQ:

Judge ruled in favor in their case against Delta!!!!!

ahhh, thank you for clarifying-i did misunderstand.

as always though, i appreciate all the insight!

well you obviously can't directly correlate CEMJQ events with MESAQ predictions, but let's hope history repeats itself here!

how quickly did this regret kick in, just out of curiousity? LOL

C1K--I presume black friday was a particularly memorable trading day for CEMJQ?

Great post, sir! I too am relatively new to trading. I appreciate these posts far more than the "cheerleading" type posts that some other boards are deluged with. Not only does it help my confidence in MESAQ, but it helps us all (or at least me) learn for future plays.

Thanks again!

GLTA!

Glad to hear it! I went full circle today! Sold some early, then ended up buying it all back plus 1500 freebies near close!

So Tanaka, has the board's infinite wisdom convinced you to jump in yet? pretty good opportunity right here at .098!!!

Great group of people in this room, Tanaka. Obviously, we're all in here to make a little dough, but there is so much good insight for relative newbies like me.

oh, by the way, the water's nice--dive in!

looks like you will have to chase it, C1K :)

sounds great to me! the long term (60 and 90 day) bollinger bands are starting to look tight...

Is it relevant that today is the last calendar day of Quarter 1? I doubt it, but if anyone has any data about end of quarter / beginning of quarter patterns, it'd be interesting to see.

Listen to this man! forward your useless shares of MESAQ to me and I will dispose of them properly!!!

:)

Yes! hopefully .11 is the new .10!! :)

Thank you--I saw a post over the weekend to that effect. Act like you've been here before and know what to do...

Plus, with all the airline cliches, there is definitely no need to reach back to those old standby phrases :)

Now I need to know what rule #1 and rule #2 are!!

wow--that soon for the next break? that would be allright with me if that's the case :)

thanks for confirming! I have compared, but don't have the "trained eye" that some in here do, so i didn't want to be overly optimistic.

Are we still tracking like CEMJQ at this stage of the restructuring? I've heard that there are many parallels. just curious to hear what similarities (or differences) we're seeing...

This is a good thing--every interested party will (or should) be buying at this level if extra capital is available. This will (or should) generate volume.

allright, putting the pompoms down now...

but am i thinking clearly? still a relative newbie here; would love to hear feedback from the wise ones on this!

I know, i know. Hopefully i'll be able to leave some shares alone when i need the funds. Best case, i won't need any extra funds and i can hold!

good post! I'm in long, but I also need funds to close on a house. So my hope is to make a little short term, use what i need, and hopefully the "flight will still be at the gate" when the dust settles on my house!

good luck to all!

very interesting thought! Wish you the best with WAMUQ...

c'mon...one last PUSH!