News Focus
News Focus
Followers 3
Posts 147
Boards Moderated 0
Alias Born 04/21/2009

Re: oldpennydog post# 4547

Tuesday, 01/05/2010 12:53:43 PM

Tuesday, January 05, 2010 12:53:43 PM

Post# of 16651
Strange decision to go Chap 11 now...guessing they needed leverage to settle with remaining debt-holders and lessors. You can't bluff well unless you're willing to pull the trigger once in a while. At least it's not chapter 13. A company with Mesa's revenues should do remarkably well after flushing the debt. I'm sticking around and will likely buy into the new plan.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today