They have been working on reducing debt
They have been working on reducing expences
But to what extent? How effective with it be? Dont get me wrong, I am long on this one .. bigtime. But I prefer to focus on the crap and not the rewards. When the crap is diminishable, then the rewards will come.
As I stated earlier I am too inexperience to understand parts of those filing. But what I do understand is that I want to hear positive news since Im long. Thus I need to listen to the crap and dirt and not focus on the potential.
As far as I understand they had a previous lawsuit which they won, stock went up but didnt stay up. So as I see it now the current ruling is just the same. Why would the stock reverse this time?
Is is the debt restucturing? Well I would like to know the numbers first before I judge it. What if they restructured a mer 2% of their debt... still means they are toast.. But I cant even tell IF they are in trouble when they lose the delta appeal. Everyone and their grannies can understand that delta will complain an moan.
So I am trying to understand WHAT it is that makes Mesa a buy. Kinda crap to think about that AFTER I bought.. but oh well.
Are they making money, are they making more money than losing it? Nice all those number of increased set fill percentages.. ofcourse that will happen when you have fewer planes in the air. They sold some, but will that cover this percentage, or does it include owned non operational planes that do lead to expenses?
To reiterate.. I am long. I am not bashing this stock. I just want to understand the risk.
