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In the Hannity interview tonight (1/26), Trump said that "a lot of people have been mistreated by the government and we're going to fix it" or something very close to this. Don't have time to rewatch the interview until tomorrow but yeah if you're interested go check it out on YouTube. Seeing how Trump has operated in the past, this is leading into disclosing the 11k documents, making recap and release an easy case to argue (assuming they are as damning to the prior admin as I believe they are). This is a STRONG BUY. Once in a lifetime stock opportunity in my opinion. Long FNMA, FMCC. Good Luck.
Crude down heavy today; airlines will benefit immensely.
Wow all eyes on BLTA
Happened while in Latvia, I believe
I heard heart attack, but do we have any confirmation of that? Still sticking with the theory of suicide or homicide until I see confirmation from written source "sudden death" doesn't settle the issue for me.
Do any legal-types have any insight on what that may entail (suicide or homicide) in this situation?
I agree with you regarding due diligence, but as others have mentioned, there are other airlines who have been certified much quicker (although they were without these mini-evac issues).
I am a shareholder as well of over 1.1MM shares; I have no intention of making BLTA appear as though they can do anything more than they have. I'm surprised to hear you have faith in the federal agency's process here after such a long stagnant period.
I am just suggesting that federal agencies have not been working like they are supposed to for years. I know you can't paint them all with such a broad brush, but I just feel like there is some ill intent or conflict of interest with individuals who need to "check boxes" in order to let this proceed.
That being said, there are numerous factors here. I understand the (at least appearance of) geopolitical implications that establishing this airline would have on the rising tensions between US and Russia. I do eventually think that if they do not receive certification, a large player will see this as a buy-out opportunity for the exclusive route secured by BLTA (NYC to St. Pete). Just my .02
Interesting observation. But one cannot deny that something is "off" here with the FAA.
Not doubting the fact that he is dead and definitely not intending to be disrespectful. Just pondering, if it was suicide, if it could be due to material information from the FAA. That or the pressure and realization of the indefinite stonewalling by the FAA and any Federal agency that could intervene.
Or if an angry, early, large investor (Russians don't play particularly nice...) exacted revenge for their losses here after private placement went south despite assurances from Igor.
All complete speculation, of course. But the last idea might make a good movie. :P
Curious to see if there is any investigation of a homicide or whether self-inflicted (shame on the FAA if that is the case), if it is released that it was not in fact natural.
Has cause of death been confirmed? Natural?
I thought they already had an Indian subsidiary?
Should've done the same. I knew something stunk with the FAA
Agreed. Competitors have FAA holding this back until funding dries up. Totally F'd up. Fed agencies need an overhaul ASAP. Including DOJ
Ah, yeah I was at 250k AON so that's probably why it didn't fill. Anyway, if this takes off we will be sitting pretty!
Picked up another 250k today here at .0031. Definitely should've stuck to my guns on the 30s, but oh well.. Hope to see some update here soon. Those of us loading down here will be handsomely rewarded if certification is awarded (or even just move on to the next step IMO). Either way, makes for some good day trading.
When certified, looking for quick scaling!
It is very interesting to know that there was never any "stop" order given to airlines during that period of conflict. Although I do think we are now in just as bad of a situation as then, that's a different story. I just don't want Baltia's business to be used as a bargaining chip by Putin/Obama. Long 1MM here, still just waiting for real progress...
Ah, missed the Iran part, sorry! Thanks! Didn't see your post, will try to find
Persia?
You are, so why wouldn't he? I'm pretty sure he likes manipulating markets and making lots of money too.
Agreed. But St. Pete is the starting point for us. And we are at a politically critical point in time - I hope our worthless whitehouse can work out their shit so we can get rolling here. Easier said than done, I know, with Russia's moves in Syria having escalated tensions, but it needs to be done!
Elephant in the room, it seems! Of course Putin is aware of any sort of agreement like this with the US. I am long here with about 1MM shares, but objective discussion is necessary
Is the FAA decision being politically influenced by US tensions with Russia? What are your guys' thoughts?
Good DD. Sticky please? :)
I knew something stunk when they came out with that stupid name but I chose to give them the benefit of the doubt. These clowns used the same excuse of religious holidays last year. They are worthless and full of excuses.
Need results. Feels like FAA is filibustering. I am long here but we should be flying by now.
Thank you for the post - helps to clear up misinformation here
What is going on here? Do we have any official word on the reason for the delay? Seems like Obama and Putin got along fine on this last visit - could be the start to the FAA moving forward with our application that concerns Russia. Any insight or is this one door mini evac the real deal??
First time I've agreed with you. Solid post
First time I've agreed with you. Solid post
Seems like we will be trading in the upper .004s and low 5s until we hear any positive news.
Starting to think there could very well be someone inside of the FAA that is stonewalling this from progressing further.
The FAA has kept Baltia (and us) waiting for weeks with this paperwork. If there is corruption here, a competitor might be trying to wipe us out by taking advantage of our cash burn rate and limited financing pre-certification. But maybe I'm just paranoid.
Lack of buyers right now :( give us the newsssss
Interesting thought and I agree. Where did you get the $12k number from though?
Should have been! Must have been a large amount of shares available AON from other traders, as my order was never filled. :(
Nah, just flipping to accumulate shares :)
Ah I see thank you
Hmmm why is my 295k AON ask at .005 not showing up? Anyone wanna take them off my hands?
Give us the good news, FAA! I want to book my vacation! ;)
Stock is dead otherwise. No trust in management and the market clearly doesn't believe in their ability to execute on this deals. Hope to see them prove everyone wrong and be the comeback of the year, but I'm bearish here for sure.