Replies to post #12170 on Baltia Air Lines Inc. (fka BLTA)

[Devolution]

Seriously...hitting .04 or .041 means absolutely nothing to me...or to most of us here.....

....and making $100 on a trade of 50k shares goes the same route......


Remember talk of $1 pps...later dropping to .40 and perhaps now .20....those are the only REAL numbers most of us are looking at....

I wonder how many of us would actually sell, at this point, expecting what we expect.....at 4 1/2 cents a share?.....

So flatliniing for three weeks at .038 really doesn't mean a thing to me......

I just want to see where things will go WHEN we get that approval............

[GreekInvestor]

I think you're right that there is nothing weird about this pattern between .036-.038 and the volume.

MM's could be moving shares amongst each other to create a perception of market for the stock. There is also over 1,000 shareholders and many of them know very little about investing... buy whenever, sell whenever they need to go shopping or get bored.

Luckily, there are a whole lot of private placement holders in at around the .035 range and going long so we have some very strong support there. Any dip below .036 is a big bargain at this point and won't last... unless of course something negative is released.