I agree with everything you said. I did the math myself with the data I had, including comparision to other airlines and my background in aviation industry.

I found that the conservative value is somewhere between .04 to .10. A board member interjected the hype factor which really unknown factor.

However, I am not an expert in stock trading, but knows that Baltia is a very good buy right now. I based this opinion on my experiences in the industry, not based on chart reading.

Great post by the way.