Reiterating Buy On MESA
May 1, 2009
Mesa Air Group, Inc.
MESA is a strong BUY @ $0.178
It’s very easy to see how (Public, NASDAQ:MESA) is highly undervalued at its current PPS. At the moment all worldwide airline companies have dropped significantly in price due to the progressive fear of Swine Flu. Regular customers cancelling tickets, missed vacations and family gatherings — It is almost like we have entered an endless abyss of germaphobia, even fifty deaths worldwide from a small virus will cause a massive panic nowadays. Compare that to the millions we lose in wars and other conflicts, quite ironic isn’t it? Anyways now back on topic with our gem. As we all know, history has showed us that unforeseen naturally caused viruses and illnesses while do indeed induce panic, eventually it will be eradicated and all will return back to normalcy. So why not buy low, sell high and all the while profit some big bucks in your pockets?
Take a look at MESA vs. XJT (ExpressJet)
Even from very basic information, we can see that relative to its competitors, it should be well above its current PPS. Take a look, it has 1536% more Net Income than that of XJT.
So how is it that MESA’s pps is $0.178, while XJT’s is $1.23? Well, after some DD I found out that MESA has 2M+ shares short compared to that of XJT with only 72,200 shares short. Moreover, given that there are also only 1.1 days on average for those MESA shorties to cover, this will look prime to attain explosive gains within the next few weeks.
More on Mesa can also be found on my other article here [ link ].
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May 1st, 2009 at 10:50 am
bah, I got in at .1881, should have waited a little bit
May 1st, 2009 at 5:02 pm
Hey there Michael i am interested in getting in this stock just wondering how far you would stay in it and at what price you would sell at? Also wondering whats your take on this Pending Legal Action against MESA from DELTA with a potential appeal coming up at or near the end of May, Odds are good for MESA is the word on the street.
Cheers!!
May 6th, 2009 at 12:36 pm
Do you still recommend this stock? It seems stuck in the mud – earnings are on the 18th…. hold for that?
Great site BTW – visit everyday.
May 6th, 2009 at 3:41 pm
@Bev,
I am currently not holding any, I sold twice and both times for nice double digit % gains. The earnings are too uncertain and do not really matter, it’s all about the trial proceedings with Delta.
May 6th, 2009 at 10:25 pm
Bummer…. I must have missed the second bounce = it went once in the higher .20’s (on your very good call) and hasn’t been there since
I’m guessing you got out on the spike – where did you get out the second time? There hasn’t been another big move since then…. except down (LOL)
May 18th, 2009 at 9:40 am
do you still consider mesa a buy at .179
September 5th, 2009 at 9:40 am
I got Mesa @.0729. anyone hear anything about it going back up.