Mesa Air Group, Inc. (fka MESAQ)

[Wheeeeee]

the estimate is from 2007
Date Broker New Old Comments
4/4/2007 Prudential Equity Group Price target goes to $9 from $16. Reflects broker's move to neutral on regional airlines.

http://www.marketwatch.com/investing/stock/MESA/analystestimates?subview=snapshot


But im quite done trying to put in some sense into all the wild guessing and big number screaming. I'm in for a huge azz amount of shares. A spike to the $2s can easily earn me a nice house. I just really dislike all the wild hyping. Post after post after post containing the same information/BS rehashed.

None the less I expect that we will go to 40 cents to 50 cents initially. When we hit that I will think about partially selling, at least focussing on finding reasons to hold. If the earnings are particularly good I might consider holding longer.

A very noobish indicator that I use for post crash prices are shareprice right before the september 2008 crash. I do not see any reason why any stock would gain a higher price than the price they had at the top of an entire bull market... There are exceptions, wave being one or em. But there is no reason why mesa would be selling at THIRTY TWO times the price that it was in september 2008.

If people are in this for the long run than I dont see why they post so much on the short term. Think about that one. Allways think about what people post and why. In a general sense: Dont get suckered into dreams of golden mountains, no matter how much "proof" someone posts. Expecting the most will lose you the most. Allways validate the claims. Fuel is not relevant, the number of emplyees is not 1700 but 3700. The earnings estimate is from 2 years back.

Im not bashing this stock. Im just bashing the kool aid hyping. Its useless and it will get people hurt. Shamefull display of greed. None the less, mesa's current price is not logical, the fear that drove the price down is not rational and will soon be found to be wrong. Earnings will be good (enough) and us the early birds will reap the benefits of the market losing it's mind.

Technically speaking we are on a swing correction. Price flipped above the major moving averages and is now ready to be carried higher. There is a catalyst in place in the form of earnings. THe luck we have is that previous quarter was negative to the one time tax hit. That gave us ample time to load up a few hundred thousand shares. So good luck, watch the technicals, consider taking some profit right before earnings. Locking in profit wont hurt.