Replies to post #12219 on Mesa Air Group, Inc. (fka MESAQ)

[isachair = mobrown]

Nothing...it's discussion board rhetoric. That being said, this may be a good time to take a starter position if you haven't done so already. .08's still possible but .09's aren't too shabby. Of course this depends on your average pps. GLTY

[BlackE]

Yo Pooh- you ain't ordering a pizza. This takes time. Court procedings takes time as does buidling an earnings record.

[hfields]

I didn't say it was gonna head north tomorrow....I am not going to tell you "to da moon" by friday or monday or next friday for that matter...I'm not that type of trader...but looking at the chart, for those who are waiting to hop on...it's plain as day that this stock is getting into extreme oversold regions...the chart shows early signs of possibly bottoming out here...will it or can it go lower? of course...will it or can it go higher? of course...

But, looking at this chart, one can see what is quite obvious...a slow bleed that is showing signs of coming to an end...can it trend sideways for another 2 weeks? Maybe...Can it start to move up tomorrow? Maybe...I am simply alerting those that the chart is "extremely oversold" here...I don't know about you, but I like to buy in this region as opposed to "extremely overbought"...

Someone mentioned that Q stocks are not chart driven...they are court driven and fundamentally driven...the chart simply reflects that sentiment...I agree with that assessment...fundamentals are what's "under the hood" so to speak...technicals are the "road map"...


The Chart is a reflection of the stock. People who can't stomach sideways action or long consolidation periods need to go flip burgers or work for someone else for the rest of their lives. Stocks consolidate probably 80 or 90% of the time in the market...the trick is to be in before the move...

No offense, but I am assuming you are not versed in the technicals very much...if you are, disregard the following...but if not, you would be doing yourself a big favor by learning some of these indicators to help you "see" what is happening "technically."

I hope this helps.

HFields

[GreenTea]

Poo, another point is that many folks here were or are in CEMJQ. While they are two different companies in two different sectors with different financials, some parallels can be drawn or inferred. There were many sideways trading days for CEMJQ, so called "boring" days or weeks that made it look like the stock would never move. However, if one has the confidence in the DD behind the story and the patience, then one can benefit from it.

There are no guarantees in stocks, let alone Q stocks, but I wholeheartedly agree with hfields in saying these cheapies will not last forever. The financials of MESAQ are what they are (Assets > Liabilities and what will be IMO improving revenue). Hfields is a great chartist, offering an opinion based on technical analysis.

GLTA!

[RoboTrader]

Bounced off that lower trend line for Slo STO, that's what shows an oversold condition. It's still mainly a court driven stock for the huge gains for the most part, but there are times when the charts reflect a bullish or bearish pattern. It's just another tool to add to the mix.