Ok, so here is a conversation I had last night, the jist of
Ok, so here is a conversation I had last night, the jist of which is as follows:
I was talking about purchasing additional shares of BLTA, as per my gentleman's agreement, and my wife said, "Why not wait until after they pass the mini-evac?"
You see.......this is the logic that so many potential investors are using right this minute - once Baltia passes the mini-evac, then it is essentially a sure thing, but if they were to not pass it this time, everyone believes the pps will decline and that shares could be picked up much cheaper next week.
There are even those who have been tricked into believing that another missed mini-evac would mean the end of the ballgame for Baltia (LOL - after almost 5 years working with the FAA and tens of millions of taxpayer's dollars "wasted"?).
It is a waiting game right now. Volume and pps until after the mini-evac will probably be flat and un-impressive - some days up slightly, some days down slightly - until that next PR.
Then.....if it is good (God willing), then all hell will break loose (so to speak).
I actually enjoy conversing with the Mrs, because I can get a look at the emotional rather than logical aspects of investing - and right now, the ones that have not yet bought into BLTA and are straddling the fence are the ones who buy based on emotions...........
Which.....BTW....is great, because they don't use numbers and statistics and charts, but rather just wing it and create a nice mass hysteria of "hype".
All IMHO.
Baltia Air Lines Inc (BLTA) Stock Research Links
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