Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Baltia Air Lines Inc BLTA
Posted On: 03/01/2015 1:08:34 PM
Post# of 41414
Avatar
Posted By: Old & Wise
Re: eflo88 #11297
A reverse split doesn't seem likely in the near future because I beleive that the company wants to see where the price goes after certification and a year or two down the road. If all goes well I do beleive a reverse split will then become a desireable option in order to get the share price out of the penny stock catagory ($3/share) so that it can get on one of the big boards (NY or American stock exchange). At that time the company will become more visible to both the public and mutual funds which can drive the price to it's most realistic value which will depend on its profits and ability to grow at that point in time.
To condense, a reverse split at this time does no good but is a tool the company may choose to use in the more distant future.

OLD & WISE













(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site