RE:RE:RE:RE:RE:Star now shinning
To your point exactly. 100 installed units wouldn't get you the revenue to create that valuation. The only thing pushing the price up is some day traders playing with it. Once the support drops you'll see this sink back down.
FYI, a legacy carrier wouldn't touch SNA's product because of the lack of sales, no track record, no flight hours worth mentioning and a financial mess. Do you really think a legacy carrier would sign a contract of that size with either of these two plays without doing their DD, ensuring the company can survive 20 plus years and without the board of directors blessing? Any clue how long an airline can drag that out? Of course not because you really don't have a clue as to what you've put your money into or how slow the industry is to change.
A few of you point fingers and call paid bashers, how about the paid pumper option. If one exists then surely so does the other. Interesting how a few of you showed up just in time for SNA coming out of suspension.
Again no clue, so FLY did a reverse split, 10-1. FLY has 21 million shares outstanding versus SNA 400 plus million shares. Does it get easier to move to a different board when the share price is over $2.00 or at .15? Which company has a better chance of raising money if needed? Which company looks more financially sound? For all you know this little run up in share price might be the window SNA might use to reduce their share count, except they'd need to do a 20-1. You can be sure I'll remind you if it happens. ;)
LMAO, I'm guessing benji bought the .19 shares. That at least explains his pumping.