I have had a few people ask me for my opinion rega
Post# of 41413
As for between now and receipt of certification....wow....anything could happen based upon the information that gets filtered out to the public. With a strong advertising campaign and good (free) media coverage (the 1st start-up in over 16 years, bringing jobs to New York, etc.)....I could easily see a climb to .08 by end of September.
Upon first flight....again with much media attention....the hype is absolutely unpredictable. BLTA has the potential to go to .2 to .25...maybe more, depending on how much demand there is and how little supply there is (and I do believe we will see high demand and low supply as the Longs continue to hold for even more and better news).
But I see a settling point before year end. Without any revenue information, I feel Baltia is worth about half a million.......so spreading that market cap out amongst 4 billion shares or so would put the pps just over .1 and a little less than .12 Most of the smaller investors will probably have gotten out during the hype and will be buying back in at this time......somewhere around year end and somewhere just above .10.
You see.....Baltia's revenues in comparison to interest costs (practically negligible), pension expenses (there really aren't any), taxes (keep in mind a 90 million dollar loss carry forward), etc.........well, the first true revenue report due out in April of 2015(?) should be quite impressive.
With renewed interest in BLTA based on those numbers, I see another spike (driven at first by those who watch and invest based on revenues, but then carried higher by more hype) somewhere around May of 2015......like maybe close to .50 or even more......but again, after a couple of weeks there should be a settling down...........this time to about .2 to .25 for the summer months.
Keep in mind that for the first year, Baltia will be expanding rapidly (which shows as assets on Baltia's books - not expenses!) and showing strong revenues against very low expenses - as compared to other airlines - and its profits should catch the financial markets attention. By year end....with added assets (5 new planes?) and added routes (Moscow, Kiev, Riga, Minsk?)......I'm guessing BLTA will have climbed back up to that .50 area........especially with very low interest expenses and practically no tax liability.
I'm guessing it will be 3 to 5 years before BLTA actually settles down to some pps that isn't climbing or fluctuating dramatically from one month to the next. LOL.....I don't see $1......but I can envision anything between .50 and .75.
Looks to me like BLTA has a lot of play in it for the day traders....and no doubt they will keep this stock worth watching.
All of course IMHO......................