Baltia Ukraine Crisis Uncertainty Welcome JazzyI
Post# of 41413
Posted On: 04/08/2014 2:38:37 AM
Baltia & Ukraine Crisis Uncertainty
Welcome Jazzy
I will try and answer your question. No denying it, yes, the Ukraine Crisis is a concern for Baltia.
First, no one here or at Baltia has a crystal ball. No one can read the future on this situation.
Secondly, the Inaugural Flight most likely will not happen for another 3 - 5 months or longer. No one knows what the Ukraine situation will be at that time. It might be history by then. The Crisis already lately is no longer front page news, like just a few days/weeks ago. Baltia is focusing on completing Certification and then will adjust to whatever the situation presents at that time.
I believe the Crisis is one very big reason why investors took some profits from the recent price run up, and BLTA is so temporarily cheap.. Investors hate uncertainty. Having said this, there is also an old, proven and true stock saying. "Buy when there is blood in the streets". Many investors that followed this advice during the Great Depression and bought, rather than panic sell, later became millionaires. It is safe to say that when the Ukraine situation is resolved and forgotten, Baltia stock will no longer be cheap.
Thirdly, a few weeks ago I discussed the Crisis with Anthony Koulouris, Baltia Vice President of Marketing. Though aware, he was not overly concerned with it. Over the years, Baltia has been through this before. He says it is all politics. I would also say that Russia needs/wants to conduct business and trade with U.S. more than we need Russia.
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Welcome Jazzy
I will try and answer your question. No denying it, yes, the Ukraine Crisis is a concern for Baltia.
First, no one here or at Baltia has a crystal ball. No one can read the future on this situation.
Secondly, the Inaugural Flight most likely will not happen for another 3 - 5 months or longer. No one knows what the Ukraine situation will be at that time. It might be history by then. The Crisis already lately is no longer front page news, like just a few days/weeks ago. Baltia is focusing on completing Certification and then will adjust to whatever the situation presents at that time.
I believe the Crisis is one very big reason why investors took some profits from the recent price run up, and BLTA is so temporarily cheap.. Investors hate uncertainty. Having said this, there is also an old, proven and true stock saying. "Buy when there is blood in the streets". Many investors that followed this advice during the Great Depression and bought, rather than panic sell, later became millionaires. It is safe to say that when the Ukraine situation is resolved and forgotten, Baltia stock will no longer be cheap.
Thirdly, a few weeks ago I discussed the Crisis with Anthony Koulouris, Baltia Vice President of Marketing. Though aware, he was not overly concerned with it. Over the years, Baltia has been through this before. He says it is all politics. I would also say that Russia needs/wants to conduct business and trade with U.S. more than we need Russia.
Fourth, Anthony said that IF necessary, other Routes than Russia are a possibility.
Fifth, Baltia will be Certified to perform Paid Charter Flights, so these are also another alternative.
Sixth, the scheduled Inaugural Flight to St. Petersburg is a long ways from the Ukraine.
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