Mesa Air Group, Inc. (fka MESAQ)

[adelevet]

The fact that we're creeping, not dropping, downwards is a sign that nothing fundamental has changed. Important developments were recently the "unstaying" of the United litigation (re a contract that's set to expire and that United wants to make sure it will) and the start of a Delta trial (which Mesa has gotten favorable rulings for so far). The fact that there was no massive selloff on the United news but a drop before the positive Delta trial makes the price movement kind of unjustified imo. I'm holding, therefore, and expecting this to go up violently when things start to fall in place. And don't forget, one of the creditors decided to keep most of their shares and there seems to be some development with their aircraft leases (filed under seal, docket 656).