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  4. Baltia Air Lines Inc (BLTA) Message Board

Its baffling, the only explanation I have for some

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Post# of 41414
(Total Views: 442)
Posted On: 04/21/2017 12:27:53 PM
Posted By: PICCLINER
Re: The Lieutenant #33043
Its baffling, the only explanation I have for someone like that is they got a tip from someone or just happened upon BLTA. They threw some money at it at a low, they didn't do any due diligence, they see the continued resistance. Not knowing a damn thing, they have already perhaps made what they consider a respectable profit. And are just selling on that basis, they may not know a thing about the SHM or anything else about the company, they are up whatever...call it 35% and that's is the only reason for the decision to sell. They are probably thinking they are a stock trading genius right now. Fact is if they are up 35% that is not necessarily untrue. Anyone smart enough to walk away with 35% is doing well in penny land. They just would be just a lot bigger a genius if they made decisions based on DD rather then what they consider a respectable gain percentage. I think there are many with money who do no due diligence at all. Some people just get lucky, and move on. I'm waiting on another $500 to clear, unfortunately that didn't happen while said moron was having a fire sale. LOL


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