Baltia Air Lines Inc. (fka BLTA)

[baseball69]

let's due some basic calculations: Even if Baltia has 500 million shares outstanding which they don't and they generate 100 million in revenues with a net of 40 million that's works out to roughly .08 cents a share. The airline industry P/E average is 10 and the majority of them trade substantially higher and they all have debt. So if you do the math: 500+40 = .08 x 10 = 80 cents a share . Jet blue trades at 335 times earnings. So at a minimum with one plane flying one daily round trip flight at a 64% load capacity and jet fuel prices a 3.74 a gallon we have an 80 cents share price. With jet fuel prices at $1.90 a gallon the stock price could be as high as $150 to $2.00.