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I will read and calculate carefully later to give you the answer, due to cook for many guests in my home. But I don't think it is a big issue. Actually, I think higher div will make lower cost ratio to the company, because higher total revenue results in higher div.
If the dividend is increasing it is a good thing while if the div is decreasing it is a bad thing. The dividend is a fixed percentage of the gold ounce production times the sold price of per ounce gold.
Stock price analysis:
Chartist's cunning and chart believer's ignorance!
Although I am both a chartist and a chart believer generally I am only a fundamental investor on BAA.
Our chartists say a gap must be filled, but we cannot answer why?
Gap up or gap down is based on suddenly good news or bad news and investors think that news deserves a re-valuation of the stock. So, Gap up or gap down has solid material basis. But what is the material basis for 'gap must be filled'? No any material basis! It is a man-made deceive argument by which chartist fools chart believer (so, sometimes I use chart to fool myself).
If gap must be filled nobody will buy when gap up and nobody will sell when gap down.
For example, why did people buy BAA for $0.35 on May 14 and for $0.40 on May 18 if BAA must retrace to $0.26 to fill the gap?
I don't think chartist can answer this question, but fundamental investors can answer: It is BAA fundamental and good earning attracts real investors.
Chartists and their believers, but not real investors, are losing money on BAA:
On June 3, a 600K block shares dumped for $0.27 in a second and 1.9M shares dumped from $0.30 to $0.27 in less than half hour.
Who did the dump? They must be Chartists and their believers because they believe BAA must go to $0.26 to fill the gap.
What a beautiful dump that makes the dumpers lose 15% now, they will lose several hundred percent in weeks to come.
Interesting is that although the man-made big dump pushed BAA down hard the gap still did not fill. I don't think the $0.26 gap will be filled because Chartists and their believers are exhausted of resource.
I believe chartists' argument 'gap must be filled' will gradually extinguish with more and more gap ups on BAA future trading.
We can divide investors into 4 ranks
Rank 1 investors are good at both fundamental and charts, but they buy stock based on fundamental only and trade stock based on long-term chart (channel or trend), institutions belong to this rank and I also see many BAA holders here belong to this rank. BAA has beautiful fundamental and is at the beginning of uptrend now, so rank 1 investors will buy and hold only, not trade. That is why we saw the 1M shares bought at the close yesterday. So Rank 1 investors generally make big money.
Rank 2 investors are good at fundamental only and they buy stocks accordingly based on fundamental and hold for a long period. we also see many Rank 2 investors here. They also can make a good money.
Rank 3 investors are good at charts only and they trade stocks accordingly based on charts (or technical indicator). This kind of investors are not investors, but traders. We also see many of them here. They cannot make any money overall, at best keeping even. They are lucky that they find BAA which has a good fundamental, so they can make small money here by trading based on chart. But don't forget they lose big money in bad fundamental stocks such as PAL, ANV and MDW etc.
Rank 4 investors are bad at both fundamental and charts, so they lose money for sure. We did not see many of this kind of investors here.
If you think you are the Rank 4 investors here and don't know either fundamental or charts. Don't worry, but you still can make big money if you follow Blue (number 1 fundamental) and Pharaoh-1 (number 1 long-term chartist).
Good luck and wait for $1 in three months
maybe, because a depressed trader is trading depressed stocks
This is a typical style of institutional buying. In order not to influence too much of the trading price, institutional buyers usually put their orders as "Market-on-Close (MOC) Orders"
How institutional buyers buy? They buy based on Fundamentals, not chart.
Please read:
Institutional Investors And Fundamentals: What's The Link?
http://www.investopedia.com/articles/fundamental/03/101503.asp
he is mad now because he shorted 600k shares at $0.27 to confirm his prediction right, but he lost $24K for his shorting today
he may be very sad now because he shorted 600k shares at $0.27 to confirm his prediction right
Welcome to BAA board,
For very short-term price moving direction or penny change, nobody can predict, but BAA is for long-term or for dollar change. So, any time or any minutes now, it is a good time to add
How strange! When I check my posted link now I did not find the BAA's 5-year Ichimoku cloud chart from the link. But the link shows a different chart. So people don't know what I am saying because the chart information and my talking are totally different. Sorry about that.
Ichimoku cloud chart is a forward prediction chart. The cloud precedes the real trading about one month. From this chart, we can see BAA will increase rice in the whole June and beyond (all blue cloud).
It is very interesting and it is perfectly accurate for BAA's past price action.
Here we go!
Please open the BAA's 5-year Ichimoku cloud chart. You can see BAA price perfectly follows its Ichimoku cloud chart. Its Ichimoku cloud chart clearly divides BAA into three parts:
http://stockcharts.com/c-sc/sc?s=BAA&p=D&yr=5&mn=0&dy=0&i=t07208874232&r=1432986536231
From 2011 July to 2012 December, its Ichimoku cloud exchanged between red cloud and blue cloud. So the trade was no direction, we call it hype period, or pump and dump. Accordingly the price was above blue cloud or under red cloud.
From 2012 December to 2015 January, its Ichimoku cloud was all red. So the trade was downward direction, we call it going to dead valley. Accordingly the price was under the red cloud.
From 2015 January to now and beyond, its Ichimoku cloud is all blue. So the trade is upward direction, we call it hunting elephant. Accordingly the price is above blue cloud.
According investment experience,
Mature companies' stocks are on direction, or only pump and dump. So it is not for investment, but only for trading.
Developing companies' stocks will go into pump and dump first, then dead valley and finally hunting elephant. However, 99 of 100 companies will be dead in dead valley. Only one out of 100 companies has a hunting elephant period.
So, that is why I called BAA is one chance for whole life time.
If you want to make big money, no risk for BAA, even you put your house bet into BAA!
If somebody is interested in the explanation (why?) of the three periods for a company's route, hype period/going to dead valley/hunting elephant, please let me know.
Shorties will be burnt hard today!
Yesterday we experienced short raids for three times around 10:00am, 12:00pm and 15:00pm. these short raids basically came from the new comers who want to join the reserve estimate release run. Although the raids became stronger and stronger, the bottom line became higher and higher. It indicated that the shorties were becoming desperate and the bulls were strengthening.
Why the shorties were becoming desperate? They knew that they must recover their short and get enough extra shares before today (Friday) close because the pending reserve estimate release is like a knife on their necks which will kill them anytime. So, they cannot go sleep if their short positions are still open during the weekend.
Unfortunate to them, all shorted shares yesterday were below $0.345. That means they cannot recover their short if BAA stays above $0.345 today. If BAA stays above $0.345 for whole day the shorties will become panic and then they will be forced to recover their short before market close, no matter what the price is. So, we may see $0.4 today.
Let's make the shorties a difficult and uneasy weekend by grabbing shares that are supposed for the shorties to recover.
It must be!
You know that is a simple addition from the transition materials
Trading action and Price estimate for tomorrow.
Today we experienced short raids for three times around 10:00am, 12:00pm and 15:00pm. these short raids basically came from the new comers who want to join the reserve estimate release run. Although the raids became stronger and stronger, the bottom became higher and higher. It indicates that the shorties are becoming desperate and the bulls are strengthening.
Why the shorties are becoming desperate? They know that they must recover their short and get enough extra shares before tomorrow (Friday) close because the pending reserve estimate release is like a knife on their necks which will kill them anytime.
Unfortunate to them, all shorted shares today are below $0.345. That means they cannot recover their short if BAA stays above $0.345 tomorrow. Recently, BAA daily lowest occurred in the morning. If BAA stays above $0.345 tomorrow whole morning the shorties will become panic and then they will be forced to recover their short no matter what the price is. So, we may see $0.4 tomorrow if the price stays above $0.345.
Let's make the shorties have a difficult and uneasy weekend by grabbing shares that are supposed for the shorties to recover.
If you check the newly came posters you will find they are almost bashers. Why they came just now? I am sure they are here preparing for the big run that will be induced by the reserve estimate release. Some old BAA holders cannot see through the intention of these new comers. Due to the panic price target lie such as $0.27 made by the new comers some stupid old BAA holders either sell their shares or short BAA to help the new comers getting cheap shares. When the new comers get enough shares from these old BAA holders the run will be fast and hard which will not allow these old BAA holders to buy back. So, we will see some old posters vanished after the reserve estimate releases.
The word was just received from Martin of BAA:
"The reserve estimate will be released shortly."
Bellow is my email to Martin:
Dear Mr Martin
Based on Q1 earning release, we are expecting the reserve update soon.
From the market, we are seeing some panic due to the reserve update overdue.
How is the reserve estimation going?
Thanks
Funds is not a problem for most people, but they want to diversify to reduce risk. I did do diversification before I found BAA. Now I am all in BAA because I did not see any risk in years to come. If anything is bad to BAA we still have enough time to exit at a $0.35 price.
You are right! but I am your grandpa. If you don't believe, just ask him or check the computer in your home.
Sure, but please guess first based on the information:
A man without fear in front of risk.
If you could guess right I will give you a big credit. But I should give you a red flag for your coaxing people to sell BAA with losses due to your Wave Analysis. Fair?
maybe he did something that makes him unhappy. for example, shorted BAA at $0.3264, the day's lowest.
maybe one chance for whole life time to find a stock like BAA. a little more than 100K shares is far from enough, at least 500K shares to make life different in years
Not too bad, you still can buy 42000 shares back, just lost 2700 shares, not too much!
BAA is not for BAA unbelievers!
The difference between BAA believers and BAA unbelievers is that:
BAA price decrease makes unbelievers panic, but makes believers a loading opportunity.
Toast, Toast, Burn, Burn!
I am smelling burning meat
Blue, and all BAA lovers
I am officially announcing that all of shorties are toasted today. How about let's toast them harder?
we will
we are not playing here, but we just accumulate. So gold price is not an issue for $500 per OZ cash cost.
for weak hands' shares
Not really, but all extra money in BAA, including retirement. I am a big risk taker
I will buy for sure, but not for match you because I already have 3x more than yours
you lose your bet!
On BAA board, only talk BAA! If you like others please go its own board.
Thanks
recently, I got some day's low shares at $0.35. When $0.35 occurred in the morning and I set my price at $0.3501 and got them afternoon
basically, I check BAA price at about 13:00 pm. And the day's low almost always occurred before that time. Sometimes the low will repeat one time before trade close, but not always
Hi, army2014,
Did you get some shares yesterday? It went to $0.344 the day's lowest in the morning. Stallion's advice is not a good one because he claimed selling at $0.26, $0.32 and hoped buying back at $0.20. But finally, he bought back at $0.37 (see his post 29388: GLTA i bought another 120k @.3703 I was just playing with u guys).
Now, he suggests you buy at $0.33, but from his purchasing price, we know that he doubts that price will be true. otherwise, he will not buy at $0.37 for that amount.
BAA will be strong for years, the real investors won't want to give up their holdings even price up to dollars. Now we see some cheap shares, but that is not from real sellers and the cheap shares are coming from some flippers who want to use their shares to induce more shares into panic selling, and then they can buy back more and cheaper shares for their long holdings. But their plan is harder and harder to become reality.
So, I think it is better to buy 10 % of your plan everyday for 10 days at its day's low price, not waiting a prefixed price to come.
Good luck
we will see green today
several of my friends are doing so
You are so sure it will go lower, so just sell or short and then buy back at your 0.26 target
For ABX, your target is less than double in one year? but BAA may double its price in days
if you don't jump in here you will not like more gaps in the chart in the future