RE:RE:RE:RE:RE:Qatar
Thanks Frosty for a thoughtful summary of where FLY is right now . I too like Aero and maybe more fans of FLY am sitting on the sidelines awaiting a significant move in market penetration before buying back in. I would add two more reasons for caution at this time. The small cap space has been hammered and until the Macro economics improve globally you won't see much upward motion in FLY no matter if they become CFP or not. I hold other small caps that are debt free , CFP , showing 50%YOY growth but trading at half their intrinsic value. The second reason the so called barrier to entry that FLY supposedly enjoyed with their depth of STC certifications will not last forever. The longer they take to make a sale to a major airline the chances of being a significant player lessens. Everyday that passes you got to appreciate that competing technology giants (Like Boeing?GE ?) are designing a better mousetrap in their R&D labs . So like many others on this board I await the big sale that cements FLY as the undisputed leader in the space. Until then I continue to wait on the sidelines . GLTA TO_Canuck