LOL...that was 5 TO 10 million. He has a guy i
Post# of 41414
Posted On: 02/08/2014 9:54:17 AM
LOL...that was 5 TO 10 million.
He has a guy in the back office that sits on the computer all day....gently buying whatever he can so as not to make too much of a ripple in the pps.
I'm guessing as we get closer and closer to certification (which he is also funding and carefully watching where and how Baltia is spending his money), his "purchasing" will become more intense.
In other words.....I expect he will become more "desperate" to acquire shares as the time draws near...and the pps will undoubtedly have to keep creeping north.
Buy low....sell high.
This guy realized that, by injecting 5 million into Baltia right now and carefully watching how that $ is spent, he could get the share price up to 20 to 50 cents by year end. Perfectly legal, and exactly what capitalism is all about. The trick for him here is to accumulate as many shares as possible at as low a price as possible in order to realize 2000% plus gains before the end of the year.
BUT...........as time gets short and we draw closer to certification (and ticket sales and advertising and etc.), he realises he is going to have to be willing to pay more to get those shares.
Best part for all of us is that his efforts will ultimately result in the pps rising.....and perhaps more importantly....he is effectively removing shares from "the float". (Part of his agreement with Baltia was to be something about capping of authorized shares in exchange for his providing financing to get Baltia through to certification).
Again....I never met the man, nor do I know too much about him, and this is all just from a random phone call (he was fishing and wanted to know how much I would sell all of my Baltia holdings for).
LOL......at some point, when this thing pops, I expect demand to be very high and supply to be very low.....and for anyone holding BLTA to have an opportunity at windfall profits.........
He has a guy in the back office that sits on the computer all day....gently buying whatever he can so as not to make too much of a ripple in the pps.
I'm guessing as we get closer and closer to certification (which he is also funding and carefully watching where and how Baltia is spending his money), his "purchasing" will become more intense.
In other words.....I expect he will become more "desperate" to acquire shares as the time draws near...and the pps will undoubtedly have to keep creeping north.
Buy low....sell high.
This guy realized that, by injecting 5 million into Baltia right now and carefully watching how that $ is spent, he could get the share price up to 20 to 50 cents by year end. Perfectly legal, and exactly what capitalism is all about. The trick for him here is to accumulate as many shares as possible at as low a price as possible in order to realize 2000% plus gains before the end of the year.
BUT...........as time gets short and we draw closer to certification (and ticket sales and advertising and etc.), he realises he is going to have to be willing to pay more to get those shares.
Best part for all of us is that his efforts will ultimately result in the pps rising.....and perhaps more importantly....he is effectively removing shares from "the float". (Part of his agreement with Baltia was to be something about capping of authorized shares in exchange for his providing financing to get Baltia through to certification).
Again....I never met the man, nor do I know too much about him, and this is all just from a random phone call (he was fishing and wanted to know how much I would sell all of my Baltia holdings for).
LOL......at some point, when this thing pops, I expect demand to be very high and supply to be very low.....and for anyone holding BLTA to have an opportunity at windfall profits.........
(0)
(0)