Where this stock will "land" is anyone's guess, and one guess at this point is no better than any else. No one knows for sure what publicity and hype will do to the stock of the 1st Intercontinental Airline to fly passengers and cargo on an EXCLUSIVE route between the 6th busiest airport in The United States to the second largest city in Russia.
But.....we do know this:
The stock is trading right now at about .015, give or take, and there are many investors waiting on the sidelines for that one last piece of news (the passing of the mini) which will make Baltia's certification as sure a thing as ever. From the little that I have heard over the last few days, I'd say we are talking millions of dollars flowing in on that one announcement (into a stock that has been trading about $250,000 worth of shares on an above normal day).
So take a guess, because yours is as good as anyones. Let's say that after the announcement dollar volume jumps 10 fold - to 2.5 million traded each day - what would that do to the value of BLTA? Might we see the value "land" somewhere between 2 and 3 times its current level?
Then....less than 48 hours later....we hear about more good news (the commencement of proving flights), and those who just recently bought and saw their first purchase increase by double to triple digit percentages now want to grab some more before the prise rises to much further. Seem logical?
Wait....it gets better.
During the 2 1/2 to 4 weeks worth of Proving Flights, at some point N706BL will come home....to JFK...to begin the last leg of her journey - the International Proving Flights. Do you think that maybe...just maybe....there is a large group of organized shareholders who will pull every string they have to make that 1st arrival at JFK a HUGE media event? Remember: This is a once in a lifetime opportunity on a once in a lifetime investment.
Rest assured, the foundation for such an event has already been laid.
Where BLTA will "land" is an event that is probably about 9 months away.
What you should really be asking is how high can BLTA fly starting in just a few days and continuing on over the next few months.
The only International Airline to obtain this kind of charter since JetBlue in the last 90s...an underdog for 25 years and now on the brink of joining the likes of Delta, United, American Airlines, JetBlue....and promising to bring hundreds (if not thousands) of job opportunities to the NY Metropolitan area.
So ask yourself: How high can BLTA fly?
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