Sell off? If the run was due to baseless rumors an
Post# of 41414
Posted On: 06/30/2014 9:36:52 PM
Re: The Lieutenant #4919
Sell off? If the run was due to baseless rumors and nonsensical hype, then I'd agree with you. But there's a tremendous amount of substance responsible for why the share price has moved north. They're sponsoring a major airshow. The stock hasn't exploded yet either, it's up a mere 200% from its low from a month ago. We're all expecting at least another 500-1,000% before certification.
I believe that everyday gets another new batch of investors on board, and I really would be quite shocked to see a day of just 2-3 million traded shares, moving forward. Slow and steady does indeed win the race.
Here's the main irony of all this (and something I've found extremely comical): you can't try to convince people there's a big fish out there dumping millions of shares when your lady friend is selling 2-3M a day lol. Come on pal, you do see the flaw to the logic here, right?
And here's another thing I found hilarious: YOU OWN LIKE 9% OF THE COMPANY. "Excess" doesn't apply to you or your fiancee LOL. You believe the share price will be .30 in 3 months, your girl could've made nearly $1M if she waited 12 more weeks (which, considering $1M is a lot more than $32,800, would've been a far smarter choice).
Again - slow and steady does win the race, but is it healthy when a guy who owns a large chunk of a company starts deciding what the share price should be? It gets into tricky territory, especially when we're already plagued by another large seller.
That being said, it is entirely out of anyone's control but your own as to what your bed-friend does with her BLTA stock, but just remember, this run isn't based on nothing. It's actually (dare I say it???) based primarily on Baltia's recent accomplishments. Nobody wants this to run to .20 tomorrow just to crash back down before anyone can pull the trigger. But .08-.10 by mid July should be here pretty easily.
Let's let the greater market determine the stock price. Demand will undoubtedly exceed supply soon, and the majority of the demand should come from investors, not flippers.
I believe that everyday gets another new batch of investors on board, and I really would be quite shocked to see a day of just 2-3 million traded shares, moving forward. Slow and steady does indeed win the race.
Here's the main irony of all this (and something I've found extremely comical): you can't try to convince people there's a big fish out there dumping millions of shares when your lady friend is selling 2-3M a day lol. Come on pal, you do see the flaw to the logic here, right?
And here's another thing I found hilarious: YOU OWN LIKE 9% OF THE COMPANY. "Excess" doesn't apply to you or your fiancee LOL. You believe the share price will be .30 in 3 months, your girl could've made nearly $1M if she waited 12 more weeks (which, considering $1M is a lot more than $32,800, would've been a far smarter choice).
Again - slow and steady does win the race, but is it healthy when a guy who owns a large chunk of a company starts deciding what the share price should be? It gets into tricky territory, especially when we're already plagued by another large seller.
That being said, it is entirely out of anyone's control but your own as to what your bed-friend does with her BLTA stock, but just remember, this run isn't based on nothing. It's actually (dare I say it???) based primarily on Baltia's recent accomplishments. Nobody wants this to run to .20 tomorrow just to crash back down before anyone can pull the trigger. But .08-.10 by mid July should be here pretty easily.
Let's let the greater market determine the stock price. Demand will undoubtedly exceed supply soon, and the majority of the demand should come from investors, not flippers.
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