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Shareholders will win either way AKthisistheone, I'm sure they would get a substantial price per share taking into consideration the flight routes they have already confirmed. IMO
Is there any possibility that Baltia is grooming itself for a potential buyer for their exclusive rights from JFK to St. Petersburg and the other routes that don't have competition.
Is Tony a poster or does he work for a government agency. To answer your question, the energy stock were private industries not governmental and the company was a very sophisticated company that got down to the mid pennies..only for a few days, it's called Dynergy.
It was their IR department who told me the rules.
I don't have any idea if the government agencies are allowed to give information;
but Baltia, our international sub penny stock, knows it can't give information to a person without informing the entire market about the information with a SEC filing and PR.
You do know that all PR's have a simultaneous SEC filing that you can click on and read the same PR with that venue.
I did an Audit of Air Transport Association in Washington DC. Maybe they will have answers.
After reading these posts, I will be calling the company, the DOT and the FAA.
When I was trading some energy stocks I called IR to see if anything was ready to PR, the firm response the company gives is that they can't tell anything to the investors until proper procedure is followed and all investors find out at the same time via a PR which is always filed with SEC simultaneously. If they had given me information, I would have had inside information.
Baltia has been working on this since 1989 and we're up to 20 something years. They haven't given up on their airline.
Delta airline started as crop dusters around 1904 (per their website)
Baltia seems to be the only one that is truly new that hasn't been flying already in some other industry, they're going straight for the big enchalada. Flying passengers, cargo and mail.
Furthermore, Baltia is trying to be an International carrier straight from the get go.
I don't know of any other airline that did it this way...besides Virgin airlines (but that doesn't include Virgin America because Virgin was already in the airline business flying)
Other airlines purchased small airlines that already had approval and made them bigger. Again no comparison to Baltia.
With technical analysis, we did have some buy signals or entry points...Tomorrow we'll see if the TA is correct.
Technical trading using the 12 day simple moving average issued a green arrow buy signal as the moving average line crossed the price average which looks like it is barely above the SMA.
The RSI continues to be in an oversold position and while the slow stochastics haved dipped downward towards 50 from 75, it's substantially not at 25. The previous run it went up to 75.
We are not overbought we ARE oversold.
The closing price today is barely above the price line of the chart but it does indicate a green arrow for an entry point for tomorrow.
Let's keep this information and look at how the technicals behave tomorrow.
Yes, $20 per barrel would be awesome for Baltia whiled all the other airlines have hedges in the $60 to $100 range. Huge advantage if they can get their plane flying with passengers, or the DOT Final Order and better,the FAA certification and great when, they announce passing the mini-evac phase.
They have been trying to get this Airline to this point since 1989. BLTA is due for multiple good new releases.
Yes, $20 per barrel would be awesome for Baltia whiled all the other airlines have hedges in the $60 to $100 range. Huge advantage if they can get their plane flying with passengers.
Re-reading speckulater's posts are inspiring and make me more comfortable in this investment. His research is fantastic and I believe Baltia Airlines, International is due to finally get all the approvals it needs.
This started in 1989 and Delta started in 1904 as crop dusters...so Delta was already flying too.
The longs and BLTA are due for many positives.
Position: strong buy.
I'm reviewing all posts of various dd posters and calm posters, like old and wise, and I am reassured of my position in this International new American International Airlines known as Baltia Airlines.
Thank you to speckulater and many others.
Deap, Virgin was already operating as an airline. Apples to Oranges. This is the best new international airline potential for a "start up" airline, and it will be international from the get go when they get all these hurdles cleared.
That DOT Final Order is in progress and that will pave the way as BLTA, imo, has already accomplished the most difficult tasks, imo.
BLTA isn't opening a new restaurant chain like TGIF or Houstons, it's not a new drug store like a walgreens, it isn't an autoparts distributer, it IS AN airline company responsible for more than a hundred innocent lives to get from JFK to Pokolov in Russia.
The safety inspection is going to be very rigorous. IMO, this is the best sub penny poised to go to pennies very quickly. Also, if the billions of shares has substantial restricted shares, maybe that is how it closed up on small volume.
ahhh troyal, I didn't see your second post, but now I see what you're saying too and I agree very much with it. I'd like to see that we get approved for the mini. then it's smooth sailing. IMVHO.
troyal, of course BLTA, our international sub penny stock is very much aware of the need for Presidential review before DOT issues or issued the Final Order.......but, we are mostly focused on the FAA certification because thats what we need for the inaugural flight.
We're looking for DOT Final Order, proving flights and FAA certification and those are the big hurdles...we haven't been focused on the details to get from one point to the next, imho.
Where is the pinned post that says "acknowledge...8/12/2015."
ahhhh troyal, but the checklist has always been available and most investors look at the completed column, as i also looked at the completed column.
This time I looked at all of the columns and read the "fine print" so-to-speak and discovered more information in the details.
We are awaiting FAA certificate issuance because it's smooth sailing from there.
It says directly that DOT can issue the Final Order after presidential review.
A presidential review is significant because we're flying internationally to Russia and we are in this war on terror or whatever they are calling it. Airline safety is paramount in these times and this is very serious introducing a new airlines, BLTA a new American Airlines, not an easy industry to enter lightly.
troyal, I've been studying this very carefully since it was posted yesterday. It's a little cumbersome because of the checklist. We are awaiting a "Final Order" after Presidential review from the DOT and then we should have "mini evac test" completed.
Then DOT awards Baltia frequencies...Required programs must be submitted, then "Proving Flights" then US government designation, then SAI self-audited completed and then "FAA Carrier Certificate Issuance."
So it seems that we are awaiting a DOT "Final Order". I hope this is correct, I studied it carefully, maybe spekulater can agree.
yes oneaminute and the other airlines have also hedged at much higher prices per barrel and they cannot back out of those hedges; and if we saw a PR where our Internation sub penny stock, BLTA, hedged some fuel, it would cause a great run just based upon the obvious implications.
On our International sub penny, BLTA, investment are we all looking for "the Final Order from DOT after Presidential review?
Ivanovich, look closely at the checklist too. In little letters it says something like DOT issues something that the President has to sign and then it can begin proving flights after the FAA certification.
Ivanovich, I am just as intent as you are on the source of this information;
and Just below the quote that "everything received to make a determination..." There is a picture of the Department of Transportation (DOT) and just below that is that famous checklist.
Ivanovich, the post says DOT not FAA eom
wow speckulater! If that is accurate information, then it has only been eight business days since DOT received everything to make a determination.
what are your thoughts about this. Gov't agencies don't work weekends so we count business days and Gov't speed of taking decisions.
If it's a "yes" would it take longer to do the paperwork for a "yes"?
Our little international sub penny stock (BLTA) has quite a few PR's that will make it priced more reasonably to its International sub penny status:
1) An announcement of restricted shares (if substantial)
2) An announcement of FAA certification
3) An announcement of Russian regulations being met
4) An estimated date of inaugural flight
5) An announcement of hedging fuel at $40 per barrel as a comparison to other airlines in the industry...
That is five announcements that are possible and will make this international sub penny stock priced in the pennies or more.
The others in the industry have a lot of debt in derivatives and hedges. Plus they may have hedged fuel when it was $80 to $100 per barrel of oil and that is the price they will have to pay even when oil gets more reasonable at $40 to $50 per barrel, while BLTA only has to pay the cheaper prices for oil and has an opportunity to hedge oil at these better prices, and we have to listen to investors complain about the shares outstanding and they don't even know how many are restricted. Some are restricted according to the 10Q as filed a few days ago. The company didn't say how many are restricted but if it is substantial, the price would have ran on that information.
BLTA filed a 10Q better than PR a few days ago. We just got good news inside the 10Q. I hope we get a PR about fuel hedging because that would translate to we are getting ready to embark on inaugural flight.
"On March 31, 2013 the note payable to Eastern Construction & Electric, Inc. was modified as to the repayment of the note. The repayment was modified to read "Company will repay the principal amount of $1,150,000 to lender on or before the second anniversary of the date upon which the company commences its revenue flight operations.
The Company will pay accrued interest to date on or before the first anniversary of the date upon which the Company commences its revenue flight operations." All other terms of the agreement remain the same"
source: Q2 2015 10Q (most recent 10Q)
This statement totally expects to be an airline company and the party that agreed to the modified repayment date must also expect this international sub-penny airline stock to be fully operational very soon.
If the note holder has that much confidence in the revenue flight, inaugural flight, we should too. IMHO
Thank you..quantitative algorithms sounds like the other phrase or something they called "program trading". They seem to always know the direction of the stock or they create the direction of the stock.
great point. PR when necessary because this is a competitive industry and they, our international sub penny BLTA wants to keep as much as they can private.
That is likely because of fuel being more than $100 per barrel and now it's around $40 or $50.
The price of fuel now is worth it and BLTA is in a perfect position to watch as prices get better and then lock in a price with a hedge.
They need the biggest jumbo jet with comfort because there is a huge market for the 8 hour flight.
Don't compare apples to oranges. Just because the bigger airlines have much debt and many derivatives doesn't mean BLTA is in a debt spiral.
BLTA has hardly any debt and one plane and that one plane can make revenues. They are actually lucky.
50192 is in sequence now. EOM
Post number 50192 is above the gold posts if anyone wants to read it. Thank you.
Agree with your post; our International stock should already be in the pennies for future earnings.
Delta (DAL) trades around $47.36 with 846 million shares and loads of debt, derivitives, Southwest (LUV) trades around $40 per share with a market cap of $26.5 billion (we have to do the math for the shares) price times number of shares = market cap. It has many hedges (mostly for fuel) and now prices for fuel are getting better and it has derivitives for that and other items.
BLTA has many shares we know there has to be restricted shares for owners and employees until it makes revenue (inaugural flight) and it does not yet have any hedges or derivitives.
It would be a super positive if we saw a hedge for fuel at these lower prices for fuel. All airlines need fuel for costs and they want the best price. With oil coming to its best prices in years, BLTA is in a good position to get some great deals on fuel.
A pr of fuel hedge would be magnificent for this international stock also. IMO
Yes, there are many shares and we don't know how many of those shares are restricted. We do know the company gets services in exchange for shares as reported in its 10Q.
The confirmed information is that BLTA has a 747 wide body, it is establishing itself with the FAA, as reported, it has an office in Russia (international) and it has filed forms with the DOT already.
It is dealing with two government agencies and we know how fast our government works.
We do know it is in the performance stage of testing and the most important thing to me, even though I've seen sub penny stocks run without proper filings, is that this company, BLTA, files its financial statements (that is a luxury in sub penny company stock world.)
I meant to say international company trading in the sub penny range...international because they HAVE an office in Russia already.
Perhaps but since I've seen a stock go from .37 to more than 3 dollars on less I make a comparison and the comparison is this has enough confirmed information that it should already be hovering in the pennies and a flight, the inaugural flight will go to dollars.
This company already has an office at the St. Petersburg airport, it sort of already is an international penny stock.
that mini evac test was last year, don't pretend it happened this week. Obviously, the company continues with the FAA process or it would have been in the 10Q that they did file.
With the proven evidence this should already be around a penny to ten cents imo.
I waited for a run for a stock that was hovering around 37 cents that had less information than this.
That stock ran to more than 3 dollars before being halted from SEC that had no basis halt it except that NSS were screaming.
BLTA has more evidence that is proven and all they need to do is make a test flight to Russia in 8 hours and the stock will be in the dollars. IMO
Thanks Boris. They should be covering their shorts now anyways, just in case Bacon Lettuce & Tomato (how I remember the symbol) announces success in another phase.
No short wants to get caught up in the potential run this stock could have very close.
I've traded stocks that hover in the pennies at .35 to .47 on less potential and less evidence that ran to more than $3 dollars on potential approval (FDA)
Agreed. I picked up some shares today even though I am wondering about a retrace, and then I think we've already been at this level. We really should be hovering around 1 to 10 cents with an Airline stock without a lot of debt and no competition to the routes they are considering along with the St. Petersburg route which already has a market ready.
Another price increase at very low volume. Only around 5 million volume, yesterday 6 million volume, the days before both around 23 million for each day. something is going on....imo.
whether this could be true, we don't know for certain and more importantly we know enough about this stock to know management is doing everything it can and keeping up with all filings with the SEC.
What we do know, is that with all this information, this company should be at a penny already and waiting.
We own a D747 wide body aircraft, we have virtually no debt compared to other airlines and this will be the first airline to have a non-stop flight to St. Petersburg, Russia. We know there is already a market for the flight and the other routes have no competition.
We know the phase we're in and we know for a legal fact that calling investor relations will not tell us any news before they PR said news.
This company could be grooming themselves for a takeover candidate too....
Either way it should be enough to be trading at at least a penny.
IMVHO. Thank you.
Dr. PennyStock, this promising investment shouldn't even be in the sub penny range with what is has.
I'm surprised it's not sitting around being quiet at a penny or two.
But it provides opportunity to get invested at very good basis.