There is so much more truth to what you have just said than you can imagine.  This recent run up was accidently caused by a small group of amateur investors who simply all over bought last Tuesday.  I personally know who they are....and it truly was a complete accident.

That being said, what happened there resulted in what I believe is more realistic for BLTA at this time....trading at just above 2 cents (at just above 1 cent it was WAY undervalued).

And truth be told, if the market knew that Baltia had enough funding and that they are virtually certain to get their certificate, BLTA would be trading at 2 to 3 times where it is today.

Bottom line.......HQ has to "feed" the investors something to help BLTA sustain the levels that it achieves.  Without PRs or any confirmable statements from the company, BLTA will slowly but surely slide back down again.

Fortunately we are soon (like the middle of April) entering a time when Baltia will be obligated (SEC regulations) to put out PRs - regardless of the FAA gag order - and BLTA's climbs will be sustainable and settle back each and every time at a higher level.

I truly believe that 20 cents by first flight (currently thought to be August) is still a strong possibility.