I read your earlier post about being burnt out on MESA stock. Things were humming along nicely two weeks ago, I kept selling for nice profits but it's going to be a bitch trying to recoup after that blind siding drop to .15 from .23.

The chart is curious, because the big up moves were on heavy volume, and the huge down move on very light volume.

Looking to Monday, I'm thinking sellers for the 10 plane drop were assuming the rest of United planes were included.

The lack of a sell-off Friday was peculiar. I wasn't looking AH for once; I would have sold some in anticipation of a possible Monday sell off. But of all the people watching, there was only one sale and it was UP? Only 9600 shares, but certainly not a sell off.

I also track the other Airlines, DAL, LUV etc, as well as the airline index and FAA the airline ETF. They all have similar charts as MESA, check them out. They all sold off WITHOUT any specific news like Mesa. Compare all these charts, its the most interesting feature of whats happening here. MESA sold off like them, but all at once.

Monday I anticipate a sell off, then a bounce. Where the price settles at will be telling. Could the price actually start up and go higher? That would be bizarre. Not expecting that.

I think earnings will be good. Profitable, more than last time. Hard waiting till then though; but such is life. I may sell half, and put it elsewhere

If the "economic recovery" is real and not just BS, Mesa will recover completely. There's little talk of MESA getting new/different business, but of course they will.

I know you hate Ornstein, but he does some good stuff. Litigious person for sure.

I bet in a worse case scenario, you can get at least .20 per share. CIT(GQ) is at .18, right?

Good luck all!