I shared this with a friend on Facebook about Balt
Post# of 41414
Posted On: 12/22/2015 10:29:01 AM
I shared this with a friend on Facebook about Baltia since he asked me what is my takeaway on all this. I responded to him and thought I would like to share it on this board.
"I saw the post that Choover and LT left out, and they both did send a message that the future looks good. The expectations were that the good news would be now. Clearly, that wasn't 100% the case.
My thoughts on the meeting, with the highlights that was shared with us, I believe Baltia management is in the right to fight for this. If the risk is very high to get a failure, why keep doing it? A request of a special consideration would not just impact Baltia, but all future airline applicants. So, if the FAA has to carefully craft how they can allow this to pass, there would need to be a justifiable cause, such as meeting a threshold. We know that Baltia's crew performed very well during those tests. Only 2 out of 7 was maintenance issues and the rest was slide issues.
I believe Balita is in the right to fight for this, but honestly, I am going to stay away from ihub until this clears through. The Bashers are having a field day, and will every day until Baltia hears from the FAA. So you won't see me post much over there, and I'll share my thoughts as time goes buy on Ihangout. I'll stay in. Even though I am down 80%, I am not going to pull it out and write it as tax loss. IF things turn around next year, my investment are over a year old, so I qualify for a lower tax bracket when the pps goes up.
I think Igor is right about this not allowing the pps be a concern because he is confidence that he has the finance support from the whales. We should take advantage of that."
"I saw the post that Choover and LT left out, and they both did send a message that the future looks good. The expectations were that the good news would be now. Clearly, that wasn't 100% the case.
My thoughts on the meeting, with the highlights that was shared with us, I believe Baltia management is in the right to fight for this. If the risk is very high to get a failure, why keep doing it? A request of a special consideration would not just impact Baltia, but all future airline applicants. So, if the FAA has to carefully craft how they can allow this to pass, there would need to be a justifiable cause, such as meeting a threshold. We know that Baltia's crew performed very well during those tests. Only 2 out of 7 was maintenance issues and the rest was slide issues.
I believe Balita is in the right to fight for this, but honestly, I am going to stay away from ihub until this clears through. The Bashers are having a field day, and will every day until Baltia hears from the FAA. So you won't see me post much over there, and I'll share my thoughts as time goes buy on Ihangout. I'll stay in. Even though I am down 80%, I am not going to pull it out and write it as tax loss. IF things turn around next year, my investment are over a year old, so I qualify for a lower tax bracket when the pps goes up.
I think Igor is right about this not allowing the pps be a concern because he is confidence that he has the finance support from the whales. We should take advantage of that."
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