A Florida man has been charged over making at least 10 explosive devices in hopes of blowing up Target Stores (NYSE:TGT) along the East Coast. Mark Barnett "theorized the company's stock value would plunge after the explosions, allowing him to cheaply acquire shares before an eventual rebound in prices." He paid someone $10,000 to place the bombs on shelves, but before the plan moved forward, the man went to the authorities and explained the situation.
What a F%&king idiot!
Especially when BLTA has so much potential, so much of an upside, and the stock is WAY undervalued.
Personally, without taking into consideration a reverse split, I see BLTA at .05 when it starts revenue operations ($500 million market value divided by 10 billion shares).
And that is just when IT STARTS REVENUE OPERATIONS. With a HUGE ability to offset its initial revenues against accumulated expenses, who knows where the stock will be as the New Airline moves through its growth phase.
Godspeed all the faithful followers.