BAA
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.
Perhaps not "suppressed" but since the FED directly or most likely indirectly "owns" so much (RE: boj owns up to 90% of the Nikkei) there are fewer market participants. I think this would reduce volatility - the ol' boys club and 1%!
BTW, although I know it ain't true, when you write 'waiting on the sidelines' it sounds as though you don't have any skin in the game.
You obviously have absolutely no idea what you are talking about.
Actually, I have a question for the board. Does anyone know if Banro has some tax credits and if so how many millions?
I've never seen that poster make an upside prediction so don't hold your breath.
I wouldn't think so and really hope not because it's a long weekend in Canadaiana this weekend.
Unless you are referring to the savvy Banro investors that are anticipating a bad jobs report tomorrow that will force the Fed to kick the can further down the road?
Look at those funny little volume bars! Fund buying?
Are you buying more?
Weren't we just in the .20's? Looking very oversold here - the question is will she continue to correct with the rest of the sector? If she does, the teens seem likely even.
It is incredible! Unbelievable! Hâte to sound like a used car salesman but what a deal!
I think the report for ADP Nonfarm Employment Change of +177k is what's beating the stuffing out of gold today. The market seems convinced of a coming Sept rate hike.
What's the COMEX ratio at now? Just 6 months ago it was 200:1 I think... how can we convince some big players to demand delivery?
I don't know but after this pullback any optimism is accepted and appreciated and will ultimately (hopefully) keep me from drinking.
I still don't understand the loss... do you?
Maybe. Interesting developments here.
Thanks! I like your outlook and attitude to take this head on. Success doesn't depend on how we handle our achievements but how we handle our failures!
Don't overdo it on the exercise. It is a really good thing (for endorphins and general feel-good mental health) but too much of a good thing can be bad!
After jhntvil's posting of the weekly last night, i've been feeling pretty optimistic about BAA the weekly chart looks very healthy to me.
The weekly looks good actually
Haha - I've just added an expression to my repertoire. Thanks!
Tex - I hope you're healing well and you have all the support you need.
I am nervous because the stock barely rallied compared to the sector (using both GDX and GDXJ as weather vanes/indicators). Now gold and those indexes look like their going to start correcting but BAA has given up almost half of its gains already.
Your expectations seem to be well calibrated to this stock but I must ask - why are your expectations persistently so low? Why shouldn't this stock be trading for at least book value (ie $1.30)?
Haha - such optimism!
How did they eff up?
Still the most undervalued! BAA P/B = 0.27 Industry average P/B = 2.5. Automatic 10 bagger to just get to the average! Maybe above average one day too? Who knows!
It is amazing to watch BAA track with others today (and recent month) almost note for note. BAA is down close to 30% in the past month but so is HMY and a couple others. The only difference is the couple others rallied a lot more before this correction. My burning question - if GDXJ corrects a little lets say 30% to $35.00 (and it looks likely), what's BAA going to do? Back to $0.20?
She's back from summer camp! BAA is going back up! Buckle up!
You are the best contrarian indicator ever. Thanks buddy!
How did banro open at .388 today? Was it o create another gap? It was even down premarket!
I wish I had been short... I would have been making money rather than losing it.
Hopefully we hear soon about the new superstar CFO Banro will hire.
Looks like BAA is going back to the 20s
Indeed! I am impressed by seeing the number of references here to plant based diets! It is worth it and in some cases the damage can be reversible (RE: China Study)
I've been puzzled by why one would invest in a company with negative equity. I don't mean to be antagonistic but am simply curious. Is it a stategy or is there underlying value that I don't see/can't calculate? Thanks.
I tolerate it but whine like a baby - there's a difference . I must correct you however, that the price didn't just go down for but a day or two but much longer AND for ~30%.
Well, what does it really matter anyhow. I enjoy reading your comments. Thanks for the link the other day too - but I must admit that my skills are not quite sophisticated enough to calculate those intrinsic values nor know what will end up happing if your likely scenario comes to fruition.
Great charts - love the comparisons too. Keep it up! Thanks.
It looks like we have a nicely moving upward-channel that is so far in-tact. Let's hope it stays that way and it looks like the top of that channel will be at around 0.60 in a couple weeks time.
I can't tell if you are actually serious because your claims are so ridiculous and base on squat. Just because you read something in a chat room you think it is true? Grow up.
Actually, I think this is bottom for the next leg up. It looks like it's bouncing off the 100 DMA
No kidding. BAA = under-perform on the way up and over-perform on the way down.
At least it isn't the only one floating down today. Market seems to be preparing itself for a rate hike
This isn't the first time you've countered my whining and lamenting with a positive pep talk. If every one of us represented a certain element of a whole personality, I would definitely be on the blue/pessimistic side of the spectrum! So thanks
Buuuuttttt that being said, investing is about finding value and getting in before too many others find it (or getting out before others realize what fundamentals are). What I am trying to understand is how am I able to evaluate this company of having oodles of value yet there are others with negative equity (and some with just hopes and dreams) exploding in market cap? I am trying to figure if I made a mistake as an investor.
Thanks again badge :)
You seem to have a knack for finding multi-baggers. You had RIC, LSG and who knows what others - good for you! For my benefit, I hope you got it right with BAA now
What stage of development was RIC when all these issuances took place? Do you see parallels between RIC and BAA (in particular based on the stages of dev?)
I agree. 1$/share seems further away now than ever.
What the eff is going on with this share price.
I got a pile @ 0.15 CAD which was close to bottom.
That's funny. We have EXACTLY the same history with this stock regarding time-line and average price.