13 (and a half?) more trading days until the SHM.
Post# of 41413
I had family and close friends over yesterday celebrating my mom's 80th birthday, and while a select dozen shared in a special gift for mom......a metaphysical reading experience with Josephine Ghiringhelli....I had the opportunity to speak with the rest of the guests about my favorite subject.
BTW....Josephine Ghiringhelli is absolutely amazing at what she does. Her readings are spot on....SPOT ON.....and if you know anyone who is hurting from the loss of a loved one, I have to tell you that she will bring peace and understanding to them in a way that no one else can.
Where was I....oh yes, my favorite subject. By the time I was done fielding questions, I think at least a half dozen were asking what the ticker symbol was and how they could go about getting some.
This time, more than ever, my confidence is strong enough that I don't mind sharing this gem with them....although I still always caution, "Don't invest any more than you can comfortably afford to lose."
Now.....the true point of this post, as I stumbled across this answer in a question that was posed to me:
Felix Malitsky, President and managing partner of Fortis Lux Financial, is now on the BOD but has not purchased any shares as of yet, and even though he oversees the investments of $5 billion + assets of his clients, he has yet to bring in any capital. Why?
The answer is very simple: Felix CANNOT make recommendations about BLTA until BLTA is at least current and up to date and in compliance with SEC reporting about its financials. What this means is that.....for hopefully another couple to a few weeks, smart money can still pick up BLTA "on the cheap."
US Global Airways' management has been focusing very heavily on making leaps and bounds in finding opportunities and making deals, and I believe strongly that their efforts are paying off (and we will hear about their accomplishments on May 11th). They have turned over the task of bringing the financials into compliance to an accounting firm....which now that tax season is over (April 18th has passed), they will undoubtedly be full steam ahead on what really amounts to very simple bookkeeping (not much happended with Baltia during their recent downtime, and bringing the books up to speed shouldn't be a too difficult task).
I'm willing to bet that things will all be squared away by the time we get to the SHM.
Now, all that being said, I feel we have but 3 weeks at most to take advantage of the foolish ones who are letting BLTA go at these very undervalued prices. Keep in mind that once the financials are filed and are up to speed, Fidelity will open up a whole new group of "buyers", and financial planners like Felix may be able to start recommending BLTA to their clients.
I'm guessing we have about 13 1/2 more trading days....tops...until things with BLTA start changing dramatically for the better.
Godspeed to all longs and those of you who can take advantage
of these quickly disappearing times, and thank you to those who make the selfless sacrfice and let their BLTA at such a tremendously undervalued pps.