Just an opinion about future buying and selling.
Post# of 41413
Currently, the buying pressure is weak considering the O/S count as a metric, with the last 30 days a high of 21 million traded, thus the pps where it is.
I'd say people pretty much have all they want, especially the big boys.
So what's the next thing to happen? We get the cert, Rooster #1 is making round trips, IMO a spike will happen on buying pressure alone, the speculation & hype adds more juice, we get up to even over a buck (IMO), some selling has been underway as it stair steps up.
The selling part is my concern, meaning if big lots hit, the selling pressure will drop the pps.
Now, if Rooster #2, #3 etc come on board over the next 12 to 18 months, that changes the ball game. Even if the company just announces on X date we are launching #2, then #3 etc on these X dates, we might not even have to worry about a dropping pps on large sells?
Hey, I ain't no stock guru, but supply and demand is what it's all about.
I hope people come sell time, are smart enough to unload slowly over time, which IMO will hold us up.
Any thoughts along these lines folks?
Baltia Air Lines Inc (BLTA) Stock Research Links
To be official soon...