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Re: bliz82 post# 6763

Wednesday, 11/25/2009 4:00:18 PM

Wednesday, November 25, 2009 4:00:18 PM

Post# of 105602
And by the way I'm not saying that they will be trading at 2 or 3 dollars now or even in the near term. But yes I think there is that potential within the first three years. Jet blue has over 3.3 billion in debt and 3.2 billion in revenue and trade at a 335 times earnings. So yes I do believe Baltia when they are fully operationl can trade north of at least one dollar. I am certainly not compareing Jet Blue with Baltia at being at the same operational stage. But Jet Blue did start off in a very similar manner as far as flying limited routes and plans. The big difference with Balia however, Is they have absolutely NO DEBT and I emphasize this because that is a major componennt to the balance sheet of an airline at any stage.
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