Nah, my posts usually fall on deaf ears haha. I'm
Post# of 41414
Posted On: 08/13/2014 6:40:44 AM
Nah, my posts usually fall on deaf ears haha. I'm definitely down money in this. I bought in at .08 when the first plane was bought. I've been averaging down ever since. I'm not a trader, but an investor. If you're trading this stock, I'd never say don't sell, because this may go down. We have a lot of trading days between now and Oct 1. But that was like 5 or 6 years ago that I bought in at .08. If you don't think we're light years ahead of that point now, then you gotta pay more attention. When you're investing in a penny stock, you're really investing an the infancy of a company, an idea really. That idea has value, but when it's not rooted in financials and hard numbers, it's such a nebulous figure. That's why I paid .08 way back when. That's why it's at .02 now. It just took way too long and people backed off.
I'm not the best person to listen to. I have not made money off penny stocks yet, but maybe that's because I'm an investor waiting for these businesses to take off, and not daytrading them (a mistake? probably, because I could have made that much more money or shares by daytrading...I just don't have the time or the stomach for it).
If you're an investor and can afford to have the money sunk into BLTA (some people are in over their heads, and I'm not going to pretend to know their situation, so I never fault anyone for selling), then you're really just getting out before the chance of a big payout.
If you were expecting Thunder over Michigan to be the big splash we needed, you have to realize that (a) we weren't certified so we can't fly and generate revenue yet, (b) it was in Michigan, so every single person that was there was interested in going to an air show, not investing in a company, not flying from JFK to a former Soviet country, and (c) it was merely a publicity stunt. The BIGGEST news to take out of it was that they were allowed to do the publicity stunt by the FAA. So that means they have to be close, in my opinion.
To get out now before the company has a chance to make revenue is CRAZY to me. Sure, it's a risk. What if this has all been smoke and mirrors? What if they don't get certification? What if it never flies? You can say all those things are possible and I can't say you're wrong until it actually happens. But this would be the longest magic show in history then. I, for one, see an opportunity here for this thing to reach crazy heights at some point. It might not be what we're all dreaming of, but just generating revenue will bring every single person here to a very nice sum of money if I had to guess. But all that is why you gamble in penny stocks with money you can afford to lose. If you can't, you're in the wrong place.
Good luck to all. Personally, I'm in this until it soars or my account zeroes out.
I'm not the best person to listen to. I have not made money off penny stocks yet, but maybe that's because I'm an investor waiting for these businesses to take off, and not daytrading them (a mistake? probably, because I could have made that much more money or shares by daytrading...I just don't have the time or the stomach for it).
If you're an investor and can afford to have the money sunk into BLTA (some people are in over their heads, and I'm not going to pretend to know their situation, so I never fault anyone for selling), then you're really just getting out before the chance of a big payout.
If you were expecting Thunder over Michigan to be the big splash we needed, you have to realize that (a) we weren't certified so we can't fly and generate revenue yet, (b) it was in Michigan, so every single person that was there was interested in going to an air show, not investing in a company, not flying from JFK to a former Soviet country, and (c) it was merely a publicity stunt. The BIGGEST news to take out of it was that they were allowed to do the publicity stunt by the FAA. So that means they have to be close, in my opinion.
To get out now before the company has a chance to make revenue is CRAZY to me. Sure, it's a risk. What if this has all been smoke and mirrors? What if they don't get certification? What if it never flies? You can say all those things are possible and I can't say you're wrong until it actually happens. But this would be the longest magic show in history then. I, for one, see an opportunity here for this thing to reach crazy heights at some point. It might not be what we're all dreaming of, but just generating revenue will bring every single person here to a very nice sum of money if I had to guess. But all that is why you gamble in penny stocks with money you can afford to lose. If you can't, you're in the wrong place.
Good luck to all. Personally, I'm in this until it soars or my account zeroes out.
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