It seems that the selling pressure has been lifted
Post# of 41414
Posted On: 04/09/2015 12:18:44 PM
It seems that the selling pressure has been lifted. A thought occurred to me a while ago: nobody expected evac to take this long, so is it possible that a large amount of suspense and hype has inadvertently been created?
Could the stock price in fact run higher at certification than it would've been had the evac passed the first time (with significantly lower expectations for its difficulty)? If this is true, as crazy at it seems, it'll turn out to be a good thing that evac took this long (sounds ridiculous, right?).
Usually, when an upcoming event is known to occur, the stock price takes the event into consideration so that there isn't an overreaction (unless something very unexpected happens, like a 30% beat on earnings). In Baltia's case, the price has not factored in evac for a few reasons...1) Nobody knows when it'll pass...2) Very few people know when it'll occur (and most of them are confined to this board and HQ).
Therefore, we could say that a PR about the passing of evac is in a way unexpected.
For those reasons, I see .04-.05 by the start of proving flights, or ~400% from current levels, which we'll be able to track on FlightAware (correct me if I'm wrong). When the bird lands in JFK for the start of its international component of proving flights, I think the sky is truly the limit for the price. The hype will be incredible, especially when the news media get a glimpse of her at JFK.
I never expected this stock to dip below .01, but those of you wise enough to see the opportunity will be bathing in cash in a matter of weeks...
Could the stock price in fact run higher at certification than it would've been had the evac passed the first time (with significantly lower expectations for its difficulty)? If this is true, as crazy at it seems, it'll turn out to be a good thing that evac took this long (sounds ridiculous, right?).
Usually, when an upcoming event is known to occur, the stock price takes the event into consideration so that there isn't an overreaction (unless something very unexpected happens, like a 30% beat on earnings). In Baltia's case, the price has not factored in evac for a few reasons...1) Nobody knows when it'll pass...2) Very few people know when it'll occur (and most of them are confined to this board and HQ).
Therefore, we could say that a PR about the passing of evac is in a way unexpected.
For those reasons, I see .04-.05 by the start of proving flights, or ~400% from current levels, which we'll be able to track on FlightAware (correct me if I'm wrong). When the bird lands in JFK for the start of its international component of proving flights, I think the sky is truly the limit for the price. The hype will be incredible, especially when the news media get a glimpse of her at JFK.
I never expected this stock to dip below .01, but those of you wise enough to see the opportunity will be bathing in cash in a matter of weeks...
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