Right now Baltia is experiencing little to no demand for its shares....it is a buyer's market. Anyone who, for personal reasons, MUST sell in a buyer's market will have to accept a lower price. Unfortunately, his unfortunate need to sell and accept a lower price effects us all.....all of our shares get valued at what he must desperately sell his shares for.
Volume as of late has been close to 5 times normal. Someone can't wait any longer. It is not an insider running for the hills....if that were the case, volume would be in the tens of millions (keep in mind just between Barry and Igor alone there must be close to 600 million shares!). It is someone who held out for as long as possible and set a date to start releasing shares.....that day came and the process began. It is a smart move for an investor...once you set a goal, do it and don't look back. Don't over flood the market....then you will get next to nothing for those shares....but release what you decided to release over whatever time period you decided upon. Stick to your plan and don't look back.
A wise decision for the rest of us....don't panic. Soon, weeks away will become days away. Approval is coming, simply because disapproval would have been so much easier and less costly (for the government) if they had just said so many months earlier. Stay the course...it is nerve racking....but it may well be worth it. Some of you have been on this brave adventure for many more years than I....hate to see you jump ship when we are so close to discovering a whole new world........
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