Wednesday, April 9, 2008

MESA Meets The Dollar Menu

I have a strange way of ranking stock prices...

Today, AMR was worth a lunch entree at Macaroni Grill -- $9.17, along with LCC, DAL, and LUV.

United? A nice dinner at Red Lobster -- $21.16. ALK and CAL were in the same menu.

Jetblue? A combo meal at Burger King -- $5.25

Frontier? A Diet Coke at Chili's -- $1.79

Mesa?

They hit the dollar menu. $0.96 a share.

They're the first airline stock to hit the dollar menu in a long time. If they stay there another 30 days, they get a warning from Nasdaq. If they stay there another 90 days, they get delisted from Nasdaq.

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