Baltia Air Lines Inc. (fka BLTA)

[bliz82]

They'd have to make a net profit of 43M just to show a eps of a dime and then you can multiply by a pe of say 5 or 10 to get your 50 cents to a buck. That kind of profit is nowhere to be seen in their business plan. Not even with their 5 flights per week. Honestly, I'd say the price is already factoring in that they will fly this year. The growing and bloated O/S up to 430M now is just a killer when calculating any possible net profit down the road.