Like the groundhog that peaks his head out of his
Post# of 41413
Like the groundhog that peaks his head out of his burrow to let us know when spring will be arriving...................
..................I am truly glad to see BLTA is holding her own, even in light of the authorized share increase.
The pod leader was hoping she would go sub-penny so that he could gobble up more shares as cheaply as possible. He has a goal of obtaining about another 700 million shares, and as I am hoping none of the whales will be giving him their shares in bulk (I penned a very nice letter to them all early this morning explaining where I honestly believed Baltia was at and where it was headed ), I think the pod is going to have to go to the open market to meet their goals.
Great for the rest of us - let them work for it.
As Baltia gets closer to certification and the supply of shares for sale starts to dry up, I have to believe he is going to up his effforts. He is just going to have to work harder and pay more to get what he wants.
Knowing his weakness.....the desire to pick up another 700 million shares in a very short time.....could work to our advantage - especially since his only source at this time is the open market.
I for one will be competing with him every step of the way when it comes to sopping up all those loose shares that hit the market at sub penny prices...........
....................now..............back to my F'n hole..........................