I posted this the other day on Ihub, and I didn't
Post# of 41413
Right now the market cap is at $26.44 million for 6.61 Billion shares, excluding dilutive securities such as non-vested RSUs and unexercised options. This represents the PPS at .004.
The marketcap will need to reach 66.1 million to have the PPS at .01. It is doable...very doable.
My prediction that once the inaugural flights start out, it will reach out to $200-300 million in the marketcap, which will take the pps to .04 - .05, and will have a steady climb over time.
It will have a hard time making a climb if people keep selling the shares for a quick profit, and for Balita to buy a few more planes to expand it's operation, I hope to see that it'll have money to make this possible, so that it can even climb a bit more and evenually reach $6.61 billion, where all of our pps will reach $1.
I can see this possible in years to come. I do not think it'll reach $1 in a year at all. maybe 5 years.
Southwest's Marketcap is 26.33 Billion.
United's Marketcap is 21.05 Billion.
Jet Blue's Marketcap is 8.22 Billion.
Alaska Airlines' Marketcap is 9.67 Billion.
Hawaiian Airline' Marketcap is 1.5 Billion.
They all did not get there overnight. I am hoping that there are investors that will hold their shares for a long time to reach $1 per share.