Replies to post #12449 on Mesa Air Group, Inc. (fka MESAQ)

[chickenvestor]

I did not sell my PGPDQ shares and was able to claim LTCG on the new PPC shares.

[instructmba]

I wouldn't dump my stock put keep the shares in your account so if there are new shares issued the record will show how many you held and how many new shares you get based on the POR. Again, I don't know the outcome but was just giving my opinion that the Judge approves the POR and it is normally the process for the DIP and Creditors to work out an acceptable plan that the Judge will agree to and give his/her blessing. This was the case in Mirant where old shareholders got some new shares, plus some warrants when it came out of BK.

BCNU
Instructmba