You are absolutely right LT. I have a handful o
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I also have another friend, whose brokerage house/investment trader will not let him buy Baltia as he would like. The broker is telling him he can make only one single purchase, a lump sum. I guess they don't want to deal with the pennies. So he hasn't jumped into the trade yet either. I am thinking because of the limitations, he will wait on the fence, as well, until Phase 3? Certification?? I am unsure.
So still their are so many investors that are eying this company, but have not pulled the trigger yet, or simple can not pull the trigger yet because of Broker houses rules.
Lastly I was thinking about our float, people saying 700 million. I am of the opinion, that many folks are like me, in that they have there 250k-5million shares. They will hold long, only selling 20% to recoup costs/play with free shares. Again in my opinion, But I think at certification time trading will be so huge 75 million + a day, that the 20% of shares us longs throw back for freebie will be gobbled up.
Longs holding out, for 75 cents, $1, hell, I have heard crazy numbers after 3 and 5 years, folks talking about $3 and beyond, all the way to $10? I think our float is more like 400-500 million and I do believe with the addition of an aircraft every 4 months, and the opening of new destinations over 3 years. That this stock could hit $2 in three years. The proforma numbers of 23 cents I think are super accurate, at start up with no expansion considered. I think 23 cents is very accountant conservative accurate again, but I think hype and such, has the ability to take the PPS to 1.5X-2.5X, at Cert., So like 35 cents to 60 cents.
So be positive longs! I think if we are willing to wait, and the world doesn't fall completely apart. Great returns are down the road.
Still can not believe in 18 months, I was able to squirrel away 2.15M shares, all smiles Go Baltia Go!!
Happy , slightly insane, library clerk in the Hamptons!
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