We've been waiting for how long for this evac to p
Post# of 41413
Posted On: 09/20/2015 8:28:32 AM
We've been waiting for how long for this evac to pass? Close to a year? Imagine going to the SH meeting and hearing Igor say "we passed evac....5 weeks ago." Time is Baltia's worst enemy, and the sole purpose of this company's existence is to generate net income for its owners, employees and shareholders. Any serious news they can PR must be released as soon as possible.
I hope they choose to be intelligent about this and PR it IMMEDIATELY as to prevent the SP from tanking any further. I don't think anyone believes they'll fail the evac at this point, and as ridiculously slow as the FAA can be, when all is said and done we should be onto proving flights by the next SH meeting (hopefully much further).
When the O/S and Float were smaller, I would've agreed with you that they might get more excitement and a bigger pop in the SP when this sort of news is announced at a SH meeting, but now? Eh....way too many shares need to be bought to move this to .02+ compared to a year ago. Let's just be thankful that we all know (directly or indirectly) who owns a significant portion of the float and O/S.
I hope they choose to be intelligent about this and PR it IMMEDIATELY as to prevent the SP from tanking any further. I don't think anyone believes they'll fail the evac at this point, and as ridiculously slow as the FAA can be, when all is said and done we should be onto proving flights by the next SH meeting (hopefully much further).
When the O/S and Float were smaller, I would've agreed with you that they might get more excitement and a bigger pop in the SP when this sort of news is announced at a SH meeting, but now? Eh....way too many shares need to be bought to move this to .02+ compared to a year ago. Let's just be thankful that we all know (directly or indirectly) who owns a significant portion of the float and O/S.
(0)
(0)Baltia Air Lines Inc (BLTA) Stock Research Links
Scroll down for more posts ▼