It's not being held down, IMO. People have been sa
Post# of 41413
Posted On: 03/30/2015 3:16:54 PM
Re: CuseTrader7 #12952
It's not being held down, IMO. People have been saying that for years. It's a lack of demand. Let me explain with an example....
Most investors (and many traders) don't take huge risk. Baltia right now is a huge risk for obvious reasons (it went from .02 to under .01 over the last few weeks, a 50% loss).
Once mini evac passes and proving flights are completed, perhaps then we'll see some demand. The heavy buying should come when revenue-generating flights begin, but never forget that this is a penny stock and anyone with huge money to spend isn't doing it on the open market. They're buying private placement. The small guys (like us) are the ones buying on the open market. We don't have enough money to sustain the share price, which is why it continues to go down.
I like to think of Baltia like Green Mountain Coffee in 2005. It was a shitty business, but a miraculous thing happened: over the next few years, the stock shot from under $2/share to over $100/share, and hit its peak of $155 last November. But it took YEARS for that 76X return. It doesn't happen overnight. Anyone thinking this stock is going to hit dollars within the next 12 months better have a damn good reason...
But would anyone here refuse an offer of 7,600% ROI over 5 years? Would you deny receiving $75,000 in profit for every $1,000 invested today, if it meant waiting 5 years?
Most investors (and many traders) don't take huge risk. Baltia right now is a huge risk for obvious reasons (it went from .02 to under .01 over the last few weeks, a 50% loss).
Once mini evac passes and proving flights are completed, perhaps then we'll see some demand. The heavy buying should come when revenue-generating flights begin, but never forget that this is a penny stock and anyone with huge money to spend isn't doing it on the open market. They're buying private placement. The small guys (like us) are the ones buying on the open market. We don't have enough money to sustain the share price, which is why it continues to go down.
I like to think of Baltia like Green Mountain Coffee in 2005. It was a shitty business, but a miraculous thing happened: over the next few years, the stock shot from under $2/share to over $100/share, and hit its peak of $155 last November. But it took YEARS for that 76X return. It doesn't happen overnight. Anyone thinking this stock is going to hit dollars within the next 12 months better have a damn good reason...
But would anyone here refuse an offer of 7,600% ROI over 5 years? Would you deny receiving $75,000 in profit for every $1,000 invested today, if it meant waiting 5 years?
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