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  4. Baltia Air Lines Inc (BLTA) Message Board

Well they can either announce that the simulator t

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Post# of 41414
Posted On: 02/12/2014 10:32:51 AM
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Posted By: Benster19
Re: starchaser #2103
Well they can either announce that the simulator training has begun, or that it has ended. I don't know what the legal rules are about whether they can announce just one or both, but my guess is we'll see a PR when it has been completed, as the simulators are still part of Phase II. It would be better for Baltia to simply release the completion of simulators, as it signifies that Phase II is done (I hope), rather than "we just started another part of Phase II." Ideally we'll get both, but we just need the completion news...

The question that has been bothering me (and I'm sure many of you) is: WHO IS SELLING ALL THESE SHARES??? 

Is retail REALLY selling millions of shares on a daily basis? My theory is there are two large shareholders, one of whom is tired of having shares and wants to sell (without driving the price down too much), and the other is buying the shares. There's this baseline noise with the volume, then a large transaction (200K+, usually). It's easy to time the buy/sell too if you've got the other guy over the phone or on skype. Very frustrating, to say the least.


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