Thanks to a number of you who wryly noted that not too long after we posted our note about the drop in Mesa’s stock price yesterday  (following the airline’s traffic release) that suddenly volume in the stock picked up and well, by the end of the day the stock was down just a bit more than 1%.

Heh.

As one of you wrote, “I think your post motivated the troops.”

Very funny.

Not surprisingly, that late-day surge disappeared this morning with the stock down more than 5%. There was a pretty big sale right after 10 AM ET. But as I look just now, it appears to be making a small recovery.

For those of you who don’t make it a habit of watching Mesa shares on a daily basis — this stock has a pronounced propensity to pick up in volume and price late in the day. Especially if it has had a down day prior.

This stock has also always been known as a  “trading” stock, and given the airline’s current situation — this type of volatility is to be expected as people rotate in and out, trying to grab gains on the upticks. Conversely, they can use price gains as a reason to shed some positions.

Ticker: (Nasdaq: MESA)