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great, i got it. you are superman.
thans
where did you get this? The link?
Thanks
Yes, I made a mistake. due to could not open the link you posted, I went to BAA website and downloaded the July 31 Sedar filing and read it. I should download the August 6 filing, instead the July 31 filing.
You are wrong this time.
1, Banro SEDAR filing on July 31st did not mention Franklin selling.
2, Franklin Resources Inc is not equal to Franklin Gold and Precious Metals Fund A.
good! thanks
It indicates institutions have confidence and buy while weak hands are panic and sell. $10 is not far away from now
GDXJ bought 122190 shares of BAA on Friday, about 25% of the total trading. Now GDXJ holds 25189384 BAA shares. It looks the manipulator (Liberty or Mouseloser)is desperate because no weak hands, but institution buying to support BAA price and absorb all of cheap shares which should go into Mouseloser's account if GDXJ did not take them.
Since 7/10/2014, GDXJ added about 5.5M BAA shares into its holding.
Blue, did you finish your 1% BAA accumulation?
If I were you I would take that 275000 shares at $0.23 because that selling ask was not real for sale, but the manipulator scares weak hands for more cheap shares. However, no any weak hand now due to all of weak hands were gone long ago.
Many points indicate that 275000 shares not real for sale.
1, a person who has 275000 shares should not sell at the bottom. If he really does not like BAA he should sell long time ago;
2, If a person really wants to sell that big amount he will not care about $0.22 or $0.20. So, he will not put it at $0.23 to scare all of big bids away from $0.23;
3, The 275000 shares are protected from buying either with all or none because we knew that a lot of shares were traded at $0.23 yesterday but the 275000 shares was intact;
4, The big $0.23 ask for the last several days was when price tried to break $0.23 to upside. If you were the seller would you like to sell after the price breaks out?
5, No weak hands anymore, if any weak hand still left, he will sell his shares far below the big $0.23 ask, however the price tightly bound between $0.225 and $0.23;
6, The manipulator is a message board reader, I guess it is Mouse because the 275000 shares ask was listed exactly after your post " ask side getting thinner";
7, Lets digest the person who lose mouse. He created his ID on 06/18/2014 when Liberty attacks BAA. Since then he has had 110 posts total at iHub, but nobody can imagine that his posts are exclusive on BAA a stock he hates and does own. Do you only care about things that are not related to you? No body! In contrast, if you care about only one thing that must be the only thing attracting you;
8, Liberty already expressed its interest about BAA asset when it quit against BAA. Due to no share holding, Liberty has no right to vote and no right to enjoy BAA asset, so no power to control BAA. To get vote right, it must have as many shares as possible. Does it have enough shares now? No!
GDXJ bought 203670 shares today, about 20% of the total trading
That is why GDXJ bought 121,950 shares again yesterday
You can see there is no fair price for BAA. Manipulators can make BAA $0.22 price for a book value 1.98, meaning price to book about 0.1, it rarely happens in stock market and it is a surprising. So, the same manipulators can easily make BAA $10 price, meaning price to book about 5, it often happens in stock market and it is not any surprising.
Big news!
GDXJ (Market Vectors® Junior Gold Miners ETF) bought 406480 BAA shares yesterday!
on 08/01, GDXJ holds 24,741,574 shares
http://www.vaneck.com/market-vectors/equity-etfs/gdxj/holdings/
on 07/31, GDXJ holds 24,335,094 shares
http://investors.morningstar.com/ownership/shareholders-major.html?t=BAA®ion=usa&culture=en-US&ownerCountry=USA
With the institution buying, Do you still panic?
Think about it, this one institute holds almost 10% and continues to buy big. So, $10 will not be far from now
When will BAA reverse the current trend?
Because the buyer sells its shares at very low price first and then buys back more shares. If after they sell their shares at a very low price and then no many low price shares will sell for their buy back, they will reverse their manipulation direction.
Difference between real dump and manipulation selling:
For real dump, the big boy will buy small amount to raise the price and then dump a huge amount; the big boy will dump in the morning and then let the price recover at the close for the next day's dump; the big boy will dump his shares when trading is strong.
Now, look at BAA. the things are exactly the opposite.
Real BAA holders should be happy with the current price drop. Why? because some people can easily control BAA price continuously decrease or increase. The people who control the decrease now must control the increase later. So, now I think my $10 target will become true much faster
Now it looks it will reaches $10 fast.
All of people here just see the price dropped every day, but nobody look at the detail of the selling number and price.
For example, BAA was whacked at noon or at trading close everyday. If you are the real seller, do you choose to dump your shares at noon? No, because the trading is very few and price is the lowest at noon always for BAA. So you will choose to dump your shares in the morning because the trading is active and price is high in the morning always for BAA. But, if you want to drive BAA down and then get more cheap shares, noon is a perfect time to dump through the very few bid.
If you check yesterday's trading, you will find that BAA price was strong until 1:00 pm. Although BAA price increased up to 5% people still did not want to sell. However, the dump started from 2:00pm, only 10,000 shares drove BAA down 1 cent from 0.2579 to 0.2471, almost 5%. Then at 2:30, only 100 shares drove BAA down 1 cent from 0.23 to 0.22. More interesting things happened then, after 2:30 BAA was not continuing to drop, but increase 1 cent from 0.22 to 0.23 although a lot of shares traded.
That means we had 4 cents decrease, almost 20% decrease from 2:00 pm to 2:30 pm, but the trading shares was just 10% of the day's total volume. It looks the sellers want the worst price! So, it is obvious that the small seller between 2:00 and 2:30 was a big buyer after 2:30 to the close. If not, we should see the price below 0.20 at the close.
So, don't worry.
I think BAA will do the 2M modification if it cannot get the 20M easily. Maybe it also just do the 2M modification even it can get the 20M easily because the gold price is not in hurry up yet.
Hi, Tech, how about writing these suggestions to BAA in your next email?
what did you write in your email? I don't expect anything other than if KCA was already on site.
Thanks
Please call or write her again
Thanks
I also 100% in it, but average is higher than yours, 0.62
It indicates that big boys finished their accumulation and then the analysts are changing their forecast direction
It indicates that Banro is important for DRC government and Banro is powerful in DRC now. So no way the DRC government will let Banro to fail. I think DRC banks will help BAA again.
Another big negative effect was the CEO fired, but did not tell the reason. Now we know the reason.
Thanks for your effort.
Now, I see the real reason for BAA to bring him in. Your logic is right!
But I am still wanting to refresh that logic by my logic.
All of institutions bought BAA for making money, not for losing money.
How can they make money? Let BAA management to work for their own paychecks forever? No! Let BAA completely developed to be profitable and then get dividends? No!
They absolutely want BAA to sell at a certain point to get their dreaming big return.
Is it the time point to sell now? Not sure, but we need to prepare for it from now on.
If BAA will sell itself, who is the possible buyer? China! Because Chinese like gold and have the money.
If BAA wants to sell itself to China, who can find the buyer and do the negotiation? A person who knows banking, mining, Chinese economy and has high reputation in these three fields.
Thys seems the right person at the right time point.
So, we may see above $5 in the coming months no matter what will happen to Namoya because Namoya is not a problem for those companies that have cash in hands although cash is a problem for BAA.
Now I agree your view about him and He surely can do something with BAA huge asset
Dilution talk does not make any sense.
Why It should dilute and then improve production from 6000 oz/month to 8000 oz/month?
We knew that if BAA spends 2M more its production will be up to 6000 oz/month
Namoya and Twangiza together will produce 13000-15000 oz/month, is that not enough? That number is a double to the current production.
So, BAA will improve production from 6000 oz/month to 8000 oz/month only in the situation that will not make BAA into difficulty.
I believe he is related to Liberty based on the date when he started posting and he registered the iHub membership. I also believe that the Liberty has been taking BAA down and then will take BAA up later.
Why?
If Liberty did not want to join BAA investors it would not do that much about BAA annual meeting. So, Liberty has been taking BAA down and accumulating BAA shares since 10th July. We will see Liberty will be another big holder of BAA soon. If without big boy to take BAA down, BAA will never be the current price based on its asset and production. It is not surprising that a big boy or a manipulator can deeply manipulate a stock price.
However, I don't believe that baa WILL DO a RS and then dilution because these two things will be decided by BAA, not by the big manipulator boy.
your view about institution holdings are exactly as mine. I also strongly believe that institutions will not buy if they don't think BAA will be above 10 someday.
Did that way to shake out weak hands for Institutions to pick up more shares. That will let the price go up fast and no stop. I don't like weak hand and like institutions also
The PR did not talk about financing. It may not need borrow money at all due to Twangiza increased production and no capex for it.
Many investors of BAA bought BAA for a dream (get gold production), but when their dream is becoming true then they are out for big loss.
The institutions bought BAA also for the dream
GDXJ bought 223553 shares yesterday. That means institutions are buying, not selling!
Who is selling? Some long holders got panic; some naked short sellers; short term traders.
check 2, it missed BlackRock and GDXJ holding. Just these two are over 20%.
You also can get 78% from investorpoint.
But if you consider some minors (less than 1% each)who are not required to file.
So, 90% is possible
Where can we find the Latest short interest?
I think the recent sell off comes from short. If that is the case, BAA price will double in short time because we will see a big squeeze based on its value and institution huge holdings. The trigger will be the financing deal that short sellers doubt BAA can get.
It is not weird at all. This is stock market, not supermarket. In supermarket, you can compare prices between stores and then ask for a price match; in stock market, you can compare stock prices between companies, but you can not ask for a price match. However, you will know which is undervalued or overvalued.
In stock market, you often see some stock prices increase 10x, or decrease 90% in a heartbeat, but the companies are still the same companies. At those situations, it is difficult for investors to chase or get out. BAA will be the first.
For my experience, buy the potential in advance, don't care much the short term vibration
You are welcome and it is my pleasure to find accurate information for true BAA investors
yes
Your source, MOOSEY-LOL-LOOSEY's source as well, about institution holdings are not complete. Please read my source as I posted in the reply to MOOSEY-LOL-LOOSEY
you are luck, I have 30% of your holding, but costed me 60% of your cost
30M shares net buy between 3/31 and 6/30.
The Nasdaq list detailed the BAA holdings by institutions, It recorded a total 41% institution holdings of BAA filed on the end of quarters such as 3/31, 6/30, but not recorded those holdings filed on a different day. When you check the list one by one, you can not find BlackRock 28,968,740 shares holding (http://investors.morningstar.com/ownership/shareholders-major.html?t=BAA®ion=USA) because it filed on 11/29/2013. you also can not find Market Vectors Junior Gold Miners ETF 23,969,281 shares holding because it updates its holding just on the day when it buys or sells (http://investors.morningstar.com/ownership/shareholders-major.html?t=BAA®ion=USA).
So, just from these two holdings, Nasdaq list missed more than 50M shares.
You can find all of Nasdaq holding list in MorningStar (http://investors.morningstar.com/ownership/shareholders-major.html?t=BAA®ion=USA), so Nasdaq list is not complete.
Another website with newer version is (http://www.investorpoint.com/stock/BAA-Banro/share-information/), which recorded 78.3% holding on 6/30, and Institutions Bought Prev 3 Mo: 72.54m and Institutions Sold Prev 3 Mo: 43.55m. So, about 30M shares net buy between 3/31 and 6/30.