Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BAA will be much higher than FNMA at the year end.
FNMA has zero book value, 3.21 Trillion debt, minus 656 M net income while BAA has $1.98 book value per share and big positive net income
BAA will be much higher than FNMA at the year end.
FNMA has zero book value, 3.21 Trillion debt, minus 656 M net income while BAA has $1.98 book value per share
From People’s Bank of China
http://www.lbma.org.uk/assets/events/BMF2015/yao1.pdf
another trader like MDW/PAL/MCP traders, the profit from BAA trading will contribute to loss from other miners trading.
Today's price prediction
Sorry, I forgot my target for today.
It will touch $0.40 today.
Today's price prediction
We will see huge price advance today, mainly due to four:
1, GDXJ dumped losers last week and it will buy winners from now on;
2, traders who made money from loser miners last week will come back to BAA because they shift between loser miners and BAA based on their chart information;
3, traders who lost money from loser miners last week will choose BAA now because they got bad experience that speculation is not a good trading method in mining industry and they will choose profitable miners from now on.
4, longs will continue adding because they know BAA should be multidollars in months.
Based on the above four, any small buying will advance BAA price because unlocked BAA shares are very limited now. So no matter gold price, even it falls.
Finally will < $0.01, because $0.01 still money
I experienced GDXJ dumped BAA, but outcome was better than MDW. because BAA was just below the $75M cap requirement but MDW has three problems $75M cap requirement, default and mine unprofitable.
I expected several days ago and posted on this message board, but was deleted by someone after I posted. However, if you go to BAA message board you still can see the same post there. I posted on BAA board and MDW board because I want to save BAA investors some of whom also MDW investors.
wHERE you got the data from?
Thanks
Did you read my post that was posted this morning. I said the shorters and the sellers will try their hardest to attack BAA today. They did what as I said. However, do you know why they attack BAA? Because they want your shares! Today's prediction was my second prediction and yesterday's prediction was my first prediction. Did you read it? If you did read you will know how accurate my prediction is!
Now I will post my third prediction, that is: For your " I'll keep it on my watch list, and if she dives way down again, I might pick her up again" thinking, you just have the chance to make BAA on your watch list but don't have the chance to pick her up again.
Based on my today's observation, powerful hands were robbing BAA shares from small investors.
Today should be a great day based on gold price, but shorters and sellers will try their hardest to attack BAA at some points because they are desperate. So we cannot see a too great day for today
Thanks, watch BAA price action is my pleasure, no matter increase or decrease, because I am not trading and I believe the final result is the same-multidollars before year end
I will do that tomorrow morning if I get time. I need use all information that will be out until then
Thanks,
I will try and practice daily, and see how accurate it will be. Just for fun, not for trading because BAA is a holding stock recently, we may see some leap upside in an unpredictable time point. Too many good things happened and too many more good things will happen.
First time prediction for BAA price action:
Today, we will be a down day early trade, but gradually rebounce, and finally we will close around $0.355 (small green). So it seems not good for sellers, but good for buyers.
It may be interesting for me to predict BAA price action (good day or bad day) everyday, and see how accurate my prediction will be. I will start from tomorrow morning for fun. Although I will not trade, just add when I get more fund.
I answer your question doesn't mean I am the top TA, but I see an imminent breakout.
1, Based Chart (or TA): a narrowing Bollinger Band will bring in a Bollinger squeeze, but the direction will be either way; Ichimoku Cloud is all blue for all predicted future (up to July 25th now) and suddenly increased its height at June 22nd, means BAA will be bullish all the way for all forecasted future and will have a leap upside after/around June 22nd.
2, Based on Fundamental: I think everyone knows it, but I just want to say "the timing for future news release is coincidentally correlated with the Ichimoku Cloud"
3, Based on demand and supply of BAA shares: I really saw the demand is endless and the supply is dried out. Although we saw some sellers recently, but no one really wants to clean his BAA account, instead, he just wants to trade either for increasing his shares or buying back at a lower price for a profit. However, the buyers, especially the insider buyers are for net absorbency of BAA shares.
Great!
https://canadianinsider.com/company?menu_tickersearch=baa
Jun 15/15 Jun 15/15 Clarke, John A. Direct Ownership Common Shares 10 - Acquisition in the public market 95,500 $0.450
Jun 15/15 Jun 12/15 Clarke, John A. Direct Ownership Common Shares 10 - Acquisition in the public market 4,500 $0.450
Jun 15/15 Jun 12/15 Kondrat, Arnold T. Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.460
Jun 15/15 Jun 12/15 Kondrat, Arnold T. Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.455
Jun 15/15 Jun 12/15 Kondrat, Arnold T. Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.450
keyotee, I know you bought more than 2M MDW, that is too dangerous! Do you know GDXJ holds 11,670,472 shares of MDW right now? MDW is not qualified for GDXJ anymore due to MDW market cap only 13.68M right now. So GDXJ must be forced to remove MDW in sometime shortly. If that happens, MDW will go below $0.02.
Due to your staying BAA board long time, so I still hope you will be well although you bash BAA illogically.
I friendly suggest you sell your 2M+ MDW shares before GDXJ doing so and buy 400K BAA shares right now. If you do so, you can get your MDW loss back from BAA profit finally, even you can make much more.
at least, they did not sell the $0.18 options yet from which they can make double at the current price
Mine is the same as your. So voted fpr
ANV is also in the place as MDW is
Blue, CM: I think we need vote for all of three.
The option is the only one that can connect management interest with shareholders' interest. Otherwise, management is free from the shareholders' interest.
Based on investment theory, options put the management's interest in the same line of stockholders' interest. That means management must make the stock price high if they want to get reward from the option. It is a bad idea that BAA pays management cash only or pays more money, instead option as CM said. That will drive BAA dead because management is not in the same line of shareholders.
I don't like dilution, but the dilution is limited. If we don't allow management to get option reward, they may get more cash reward for exchange. That is a very bad thing.
We hope both our shareholders and management happy and both win.
If without management happy and win, we may not be happy and win finally.
So, I voted for all three.
I think it is better to send message or personally attend the meeting for clearly saying "no more options". But if we just vote against the vote 3 that just say "don't change the option plan". That means we allow they issue options freely.
I think it is better to send message or personally attend the meeting for clearly saying "no more options". But if we just vote against the vote 3 that just say "don't change the option plan". That means we allow they issue options freely.
BAA book value per share increased to $2.9 from $1.98 after yesterday reserve release.
The previous reserve 50% for debt and 50% for book value, the newly added 23% reserve for book value only. So book value now at $2.9
Risky means the volume should be higher than normal for such a big news.
Yes, higher volume should be expected for such a good news. But traders have no that many shares to contribute for their profit taking while longs would not contribute their shares for lower than dollars.
The volume may become lower and lower before BAA reaches its book value because most shares are locked in longs accounts.
I calculated BAA book value at about $3 after yesterday reserve report. The previous reserve 50% for debt and 50% for book value, the newly added 23% reserve for book value only. So book value now at $2.9
The reason is very simple.
The news only reaches to the people who have BAA shares or who trade BAA shares because they wait for the news every day. Basically, most of the longs have fully loaded, so no more money to buy and they don't sell either. So, both buying and selling volumes come from traders. Now no many shares are in trader hands, so selling volume should not be huge. For buying volume, traders concern the gap-up from $0.3 to $0.33 need to be filled, so they wait for BAA to retrace.
This news needs time to reach new investors and we may see BAA increase gradually for days.
Actually, I like low volume, not high volume for yesterday. Low volume indicates shares in trader hands are drying up, so much easier for driving BAA up. We can see that from yesterday trading and only 1.7M shares drove BAA up 8%.
It looks like traders have no more shares to take profit although BAA increased 8%.
I know, but I just follow Tex question about Blue "59%" calculation
Hi, Tex
Blue's calculation is right.
You know BAA previous total asset has about half for debt and about half for net book value. That means we just have about 50% of previous reserve for book value. Now we increase 59% reserve, but keep the debt the same. So the book value will increase almost 118%. So, now we have $1.98 x 2.18 book value, about $4.3
This calculation is not accurate, but acceptable.
My god, 59% reserve increase!
Now my selling target should move up to $16 from $10
"the post included one or two other (I believe 'small') miners with lower AISC than Banro."
Check my posts, I responded to that post
Actually, Preferred Shares div and management compensation increase have minimum effect on BAA earnings because BAA revenue increase is much faster.
At current status, the Preferred Share holders must want their Preferred Shares to be convertible because common shares have multiple 100% gain potential. So, we should thank these Preferred Share holders' support to BAA.
For management compensation increase, I still think their contribution is bigger than compensation increase from view of company revenue and net earnings. So, they deserve that. Also, to keep good personnel you cannot too cheap for their job.
I will vote for them all and happy with them in the company.
You are right, those people are traders or flippers. They never know which company is good or bad, but they only know which company stock increased or decreased. If increased they think it is time to sell and if decreased they think it is time to buy. They mixed BAA with their junk holdings such as previously ANV, PAL, now MDW. They may make luck on these junks short time, but they will lose all finally.
"this is called bashing for trading purposes"
But it is becoming difficult for that purpose now.
don't worry, the control will null finally when they don't have gold in their vaults