Mesa Air Group, Inc. (fka MESAQ)

[Wheeeeee]

The fundamental setup has changed.
The run up resulted from positive court rulings. That was the trigger. The court rulings were related to contracts.
Now we have a downmove related to 2 factors. The stock running out of steam and the cancellation of contracts.
The cancellation is what fundamentally changes the mesa play.

Any reference to "this used to be at price XYZ only months ago" is void of any validity.

Im watching this one waiting for a technical move, this might take a long time. This isnt a long hold anymore, not untill the renewed valid uncertainties have been solved.