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I made that very same mistake last week when BLTA was trading between .0028-.003. I knew I should've just picked up 1M shares at .003 but was stuck on the bid and hoping for it to drop then fill. It never did and now I'm short 300k:( Those on the sidelines shouldn't make that same mistake.
So glad I added to my position at .004...can't wait to see a passed mini!
Two steps away from certification and after the 28th there will only be one before the maiden flight.
Just bought another 75k shares at the ask from today's 401k contribution bringing my total to 3.25M which far exceeded my goal of 2M. At these prices you'd have to hate making money if you're not in.
True but missing out on 300k shares is no small amount. Trying to get shares around .0025 was a gamble that didn't pay off. So those that are on the sideline hoping to get cheaper shares better not put it off even after three to four days of solid gains.
I'm kicking myself for being greedy. I had the chance for nearly three days to pick up 1M shares at .003 but instead had to chase and was only able to buy 700k. Greed cost me again!
Hope so but we can only wait and see. Hope for the best plan for the worst.
Depends on how you look at it. Yes it can be bad news for those expecting to make a quick buck or good news for those holding long term and having a longer opportunity to garnish more shares. I won't be surprised if a PP holder or another large holder of shares decided to get out and drive the PPS lower because three weeks of stagnation due to the FAA is a long time.
August 4th is the next mini according to my sources. Possible that is the reason Tony mentioned proving flights will begin the middle of August? Again the FAA could change the date but with this long of a delay I doubt it.
I've called every week since June and have been told it's "scheduled hopefully next week". So now I'm just going to guess two weeks out at a time instead of one. Was also told proving flights weren't going to happen till middle of August so another safe guess would be next mini not till the end of July, first week of August. Again all guesses but that is all we have till the company says something officially. Can't go by what LT says anymore since his track record hasn't been that great as of late.
There is still plenty of selling each day till the mini is passed. I'm with Choov...get in as low as possible to gain as many shares. I mean why not since the mini isn't taking place for another two weeks at best.
Tony will def. call you back.
Everyday seems like a loss so I wouldn't doubt that it could drop to .002 or even touch .001x. Maybe I should of sold at a loss of $40K and keep $11k to gamble somewhere else. .005's sure looked good and yet seems so far away. /bummed.
With no mini this week or next BLTA could see .002 or lower. How many will still own shares? This rooster needs to pass and move onto proving flights because if BLTA fails again shareholders will see more dilution.
You could have a point but with two steps left from certification your argument has little to no validity.
I truly hope that's the case about under promise and over deliver. I'd want nothing more than proving flights to start asap after a mini.
I received the proving flights info by the same person that I talk to every week about the mini. I hope you are right and Tony is wrong but so far his track record has been perfect.
Next mini not this week but possibly next but no confirmed date with the FAA. If the mini is passed by the end of this month then proving flights will be take place in the middle of August and NOT 48-72hrs after a successful mini.
You already claimed they filed BK...which is it?
I agree with the first part of your statement and until BLTA files for BK and/or is no longer traded on any exchange, BLTA has a chance of garnishing both.
The stock's hurting and I hope it hits the .003 range. BLTA is just two steps away from certification and there are many that have a huge amount of $$ invested in this microcap. By following the money I've had a pretty darn good run and I doubt it's going to stop with BLTA.
I'm sure a share buyback would be in the works once revenues start flying in as long as it doesn't prohibit growth. I'd rather BLTA buy another plane, if it warrants such, and expand their routes than a share buyback.
At this point I'll be happy with a mini passing and then into proving flights.
I would hope if they have $250k to gamble with in a penny stock that they wouldn't have to explain anything to the wife!
What are you trying to say? Usually when a stock "runs" it's actual gains not losses according to your statement.
I might get burned waiting for that low low price and miss the massive run once we pass the mini but I'm going to risk it! I actually want to see BLTA run into the .003-.0035 range to pick up at least another 2M shares.
Any chart guys out there that can claim, according to your extensive experience, that BLTA can and will hit the .003 range this week or next? The next mini isn't scheduled till the week of the 7th and I'd hate to pay more for something now and receive less shares vs. wait and gain a lot more.
Just picked up another 75k at the ask and no issues from my schwab account. Waiting to pick up another 750K in my etrade account at .004 which might never fill but I can only hope!
$1 share price with one plane? Even i'm not that optimistic. I'd be happy with .35 cents and ecstatic at .50-.60. Or maybe the bar is set to low and $1 is possible...
No you won't. You had that opportunity before and was counting on the pps going higher. The same will be said AGAIN.
I promise you CNBC is not going to be covering an OTCPink no matter what the occasion is. As much as I'd like to see it, it will never happen. I'm looking for the mini to be passed and then moving on to the next item on the list. Once BLTA announces ticket sales commencing then the price will really run.
Thanks-EOM.
Hey BB are you still going out to check the plane tonight?
Four week turnaround? Ya I'm sure you're right in one of those weeks. My 12yr old daughter can make a prediction like that and be right. So far you're 0-1 in the prediction department.
I received it from Tony who has been right after every call. I'd prefer the mini tomorrow because I confident that they'll pass but waiting a week or two doesn't bother me either. I look forward to your post tomorrow evening about that plane.
No mini evac tomorrow. Tentatively scheduled within the next two weeks and the FAA could reschedule anytime even after confirming a date.
Can anyone confirm tomorrow's mini? I'd call HQ but I think Tony is getting tired of hearing from me and wouldn't want to piss him off.
LOL two steps away from being certified is pretty long string! Glad you agree that BLTA will get certified and the mini is finally going to be passed on the next attempt.
Just like the last prediction that was made that never came to fruition.
Called Investor Relations and spoke to Tony who has always been right.
No mini evac this week due to the FAA having some training going on. Tentatively scheduled for next week.
Communicating what? Tell me exactly what BLTA could possibly say at this point during their process. You don't know what BLTA can or cannot say since you're not privy to the meetings that are being held with the FAA.