Replies to post #12116 on Mesa Air Group, Inc. (fka MESAQ)

[Beardeus]

I just close my eyes and hope for better days.

This is just a waiting game. Assets > liabilities. It is just a shame the Establishment has the power to manipulate at will.

[Mutz]

This is status quo for a Q stock. For example, I bought cemjq at .10, held it as it went up to around 1.48 just to watch it crash back down to .46 and then back up to around 1.70. Didn't sell one share (although in hindsight I should have and doubled my position). It was sickening to watch but I bought cemjq, and mesaq for that matter, for the end game. Q stocks are ones that I usually do not trade b/c they take a long time to develop. There are plenty of POS stocks to trade but IMO, Q's are buy, accumulate, and hold...unless news comes out of court that would dictate otherwise.
GLTY.

[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).