Mesa Airlines Prospects in 2009

[jedi12knight]

I invested 100K in Mesa starting last September 2K). I accumulated heavily this year at price ranges .11 - .18 (90K) and .22 - .235 (6K).
The price appreciated significantly since the beginning of July. Current trend is very bullish. Following factors will move the price significantly between now and the first week of October:
1. United will notify Mesa by Oct 1, 2009 on continued use of Mesa's planes.
2. Improved fundamentals in airlines industry
3. Favorable news about Delta case (next hearing in the case is in December 2009 - Jan 2010).
4. News on Go airlines' upcoming first profitable quarter if Mokulele (owned by Regional Jets) leaves Hawaii.
5. Hawaiian Airlines pilot strike.
There are several other factors that may move the price significantly post October 1. Postivie earnings for Q4 due at end of October is one of them.