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Big boys have no interest in BAA? Are Baiyin/Blackrock/Gramercy big boys? If they don't have interest in BAA why they invest?
I think only penny flippers have no real interest in BAA. They don't know fundamental, they trade only based on technical, or something such as buying in rumor and selling in news
There is a strict control in rising, but un-control in falling. This is a typical strategy by which the buyers want to kill the sellers/flippers/shorts at prices as low as possible. If you watch BAA price actions carefully, you will find the tradings now much different from past. Stock markets have three types and the big boys treat them accordingly. These three types are: 1, a company is in a stable stage, no growth no shrinkage; 2, a company is in a shrinkage stage; 3, a company is in a growth stage.
Below I will give their trade patterns (price and volume). Basically, in a stock, big boys always win. So, I will analyze how they work.
1, in stable stage (a company with no growth and no shrinkage), their strategy is un-controlled rising and un-controlled falling. They pump the price as high as possible and dump the price as low as possible. they just buy very few shares to push the price very high and very fast(un-controlled rising), and then they sell their shares at the top when retails follow the price rising. after they finish selling they will sell very few shares to drag the price very low and very fast(un-controlled falling), then they will buy at the bottom when retails follow the price falling. When they finish buying they will start a new pump and dump cycle. So, for this pattern, high volumes are at top and bottom prices.
2, a company in a shrinkage stage, their strategy is un-controlled rising and controlled falling. They buy very few shares to push price up as high as possible and then sell as many shares as possible, when price is falling they push up again and continue selling. Finally, the big boys exit the market. So, for this pattern, a little buying increase price a lot, but a lot selling just decrease price a little. that is, low volume when rising but high volume when falling.
3, this is your question. why 2M BAA share buying increases price less than 200K BAA shares selling decreases price.
I think you already have the answer now, but I still want make it clear.
Now BAA in growth stage, the big boys want in. They buy a lot BAA shares, so BAA price starts rising. Then they sell a little shares drag price as low as possible and then they continue buying. When they finish buying the majority of shares are in the big boys' hands the sellers/flippers/shorts are removed at almost near the bottom. Then the big boys will push BAA to any level they want.
Now, gold price outside of USA is no longer controlled tightly by USA market. USA price is controlled mainly by paper gold investors, a lot of pump and dump, so the increase and decrease are big. If price is strong during USA market, indicates a lot of institute buying, after market close there is no support from institutes, so price may fall due to retails to take profit. Other markets than USA are basically physical gold, their prices are less pump and dump, so their price increase is gradual. That means although gold price is decreasing after USA market close other markets than USA still support gold price if the price did not decreased to below the starting point, other markets (physical) just don't want to increase too much at one time.
a**holes are always shameless because they release stink gases and then tell people the gases are for health.
If one says 10% of someone's shares cannot drop below $0.2 from $0.21, he is a real fool. For BAA market, sometimes 100 shares can drop BAA price more than 1 cent. So, the same, if one says buy a couple of thousands of shares cannot hold BAA above $0.20, he is still a real fool. We also see 10k shares buying can increase BAA price more than 1 cent many many times.
longs not be necessary to keep buying usually, but for BAA current market, 1 cent increase or decrease means a lot: list or delist.
Don't you think 10% of all longs cannot make the 1 cent difference?
Nobody has the right to blame the sellers for the 1 cent difference flipping, but the sellers are also not necessary to argue for their action.
Even you don't know you are a short or a long?
See the definition:
a long should protect a company value from damage while a short does not care it.
Now, BAA is at a critical time if it can stay above $0.20 for a consecutive 30 days or not. If it can it will stay listed, but if it cannot it will be delisted. When a person sold shares just above $0.20, maybe just 1% for flipping, do you think he wants BAA to stay above $0.20 for a consecutive 30 days? Months ago you might have no idea, but now you should know we have only 30 days left for the deadline, every day is critical.
I am scared by the possible delisted, so I am keeping buying above $0.21. I may lose some if it drops below $0.20 and be delisted, but my action is for protecting my all BAA from delisted. I have been doing so for many months when BAA was above $0.20, but BAA still failed staying above $0.20. Then, I wrote email to Martin, complaining that I did better than BAA management for stabilizing BAA price. Martin wrote me back and said that BAA and its management have been doing their best, but BAA price is the result of traders' action.
If everybody sells 10% of his holding I am sure BAA cannot stay above $0.20 for a consecutive 30 days, but if everybody adds 10% of his holding BAA can stay above $0.20 for a consecutive 30 days for sure.
Now, do you know you are protecting or damaging BAA value?
These numbers seems changed much bigger.
Man, one day you may doubt your wife is female.
I posted hundreds of times about what is Baiyin: A Chinese government funded group with multi billions to gather gold around the world.
Gold price is surely the most important support to BAA management's price promotion.
It seems management is already in action for two weeks. The recent price action is very different from before. Before, BAA always was pumped much higher and then dumped much lower, from which flippers could get maximum profit and BAA was back to starting point. So, no any sustained price gain for BAA. But recently, if BAA market dump there are endless buying orders to absorb sellers while BAA market pump too much there are endless selling orders to repress price overpriced. It looks the BAA market wants to establish a sustainable gain.
BAA share outstanding is 252M, if BAA price is above $0.2 BAA market cap is above $50M which is the minimum list requirement. From Aug 24 to Sept 29, BAA price was under $0.20. If a stock is under $50M cap for consecutive 30 days a warning will be issued. So, we got the warning at Sept 29 to ask we fix it in 6 months, that means the deadline is March 29. To regain or cancel the warning, we also need price above $0.20 ($50M cap) for a consecutive 30 days. Since the warning issued we never get price above $0.20 ($50M cap) for a consecutive 30 days again. That is why BAA price was difficult to hold any gains no matter what good news from BAA.
Imagine, if BAA can be above $0.20 for 10 days, what will happen? Many will rush in!
Anything is possible, even we can see above $1 in two weeks. This is not joke.
First, gold company stock price may not change in a long time period, but if started, I see a lot of gold companies in history went more than 10X just in months.
Second, BAA itself has the real value to upside 10x to 50x, even go to there, it still undervalued based on its gold reserve and production growth.
Third, the management and other BAA big holders may promote the price with full engine in the next weeks because BAA has a listed requirement deadline at March 29.
Fourth, gold price increasing, Baiyin deal at the corner, which will drug a lot of new buyers in or the old BAA escapers back. First horse and investorwisdom were back, now AugustaFriends, we still have many, blue? Techamental Logic? OptimusPrime? JohnCM? abc1938? PyschoNoobStock? and many many, all of these escapers were once big BAA lovers when BAA was in BK fear. Now BK fear was behind and only good things in future, there is no reason the old BAA lovers would not love BAA again.
Baiyin is a Chinese government-funded institute which is dedicated to invest in gold around the world. Baiyin agreed invest $98.5M into BAA and supposed to close in Jan. Due to the deal still not closed yet, some people start doubt and dump because we had the bad Gold Holding deal experience about one year ago. But some people don't know why the Baiyin deal not close yet. Usually, the month before the Chinese New Year, the work efficiency is low, some people already in vacation, next week they return to work. So the deal will be closed next week, I think.
If you still need more BAA shares, today may be the last day for cheap.
Don't wait until next week when the Baiyin deal will be closed. After Baiyin deal is closed BAA price upside will be beyond control.
Horse, don't worry, your $0.26 coming before the weekend. You maybe need keep it above $0.52 next week when the Baiyin deal come. My target is $10, so the current price increase or decrease is not my business.
Fund managers will be sure BAA will not be de-listed. They know the current gold price, Baiyin deal and BAA gold properties worth how much.
Don't suggest institutes so stupid that when Baiyin is in, gold price is up and BAA production will be double then they are out.
if you analyze the BAA recent trading carefully you will find the answer easily.
I already posted the answers many times in different posts.
If we do a different way the short sellers will be desperate to cover.
I detailed today's trade as follows:
Today the short sellers shorted more than 1M shares at $0.17 and hoped to cover around $0.15. However, the buyers (I am one of them) are so strong that the price was back to $0.183. So, the short sellers had no chance to cover until market close and then so desperate that they used a couple of thousands shares to paint the close at $0.1711.
Now the gold price increase hard. I think they will be more desperate to cover tomorrow. So they may try to drug price down again at tomorrow opening.
If everybody absorb some shares tomorrow the short sellers will be burnt hard!
I will absolutely do so tomorrow if price lower than $0.175 (higher than they shorted price today)
if you buy or hold now you will laugh from next week, but if you sell now you will cry the same time frame.
Although we closed red today, but it is just painting. The real meaningful big blocks for buy or sell are already $0.183 level. So, Tomorrow will start there.
If you see price is gradually decreasing with big volume dumping that is negative. If you see a small volume induced big decrease and then price is stable with more big volume dumping that is positive. That indicates the big boy induced panic first with small volume and then accumulation of big volume.
If you put everything in BAA as I did, why you care about daily price up or down? If price is up harder and up time is longer it will decrease harder and decrease time is longer. That is good for flippers, not good for long-term holders. Actually, it will hurt long-term holders. OK, GSS or TGD or auy, they all are up more and down more, or down more and up more (2x each circle). They benefit only the flippers and they will attract more flippers. However, I like BAA price action and relatively stable. Actually, I even don't want it goes up if the up is not sustainable. Now the conditions are not mature yet for a sustainable price increase because many good things still be come, especially, the financing.
If flippers cannot get many profit for their flipping they will gradually go away.
I see a powerful force in BAA market, which is pushing flippers away. This fore is preventing BAA up harder and down harder. For example, yesterday when BAA was up to $0.21 this force came out to repress the price and today morning the price was down to $0.18 the force came out to prevent further falling.
Ok, imagine this, if market push BAA up to $0.30 and then drug it down to $0.12 several days later, who will be the victim? The buyers! who get benefit? the flippers! What is about BAA value? pump and dump!
Take easy, I believe BAA will be up hard without down when all of sustainable factors are in place. Maybe from next week.
You should believe BAA and BAA market. If BAA and BAA market are not good, it is impossible for BAA to stay at unchanged level from 11:00 am to 4:00 pm with 1M+ shares dump.
If a force is repressing when some people pump and if a force is supportive when some people dump, this force is for longs and against flippers.
I see this force recently many times in BAA and called it anti-manipulation force in my previous posts.
BAA CEO promotes price started today at South Africa conference where China/Africa develop fund registered to attend!
No, DRC was named Zaire only between 1971 and 1997.
50 years ago, both countries were named Congo, but Chinese discriminate them just based their Capital names. Between 1964 and 1972, the BAA Conco was changed to DRC. In 1997, DRC was changed back to DRC again from Zaire.
50 years ago, I did not know our slogan for which Congo, but I did know China was the older brother for all of countries in Africa. Then I knew the current DRC president studied and was trained in Chinese army school just before he took the presidency.
Congo and China
50 years ago when I was a child in China, we almost scream the slogan everyday: "Our two countries, China and Congo, and their people are friend forever, are brother forever, is united together forever, battle together forever against our enemies!"
That was the relationship between Congo and China 50 years ago when the two countries were very poor. Now China is rich, but Congo still poor. No matter China poor or rich, China always helps Congo generously.
Now the golden hen BAA has blood from China, but grows in Congo. If one day the master of the golden hen China knows that a flock of foxes intend to bite the golden hen for food, it will tells its little brother Congo: " Hello, my younger brother, some foxes in your field want to kill my golden hen, how can you protect it?" the little brother will say: "My older brother, don't worry, my hunting dogs will kill these foxes".
You may need read the recent BAA file yourselves, it clearly describes the use of the money. Actually, it says: with the money it will have money for paying bills until March 2017 and still have 20+M surplus. BAA will have three parts of the deal, each part has a BAA SEC file about the use of the money and how much of the surplus. I think you may not read them all, but reading them all is time consuming.
I will give it 10, if not higher.
The reason will be very simple: BAA without Baiyin is just a common business company and it can be easily affected by politics from Congo government and local authority. But with Baiyin, BAA has blood from China government. You should know the relationship between China and Congo government.
Anti-manipulation force has beaten the manipulators for a third day. It further confirms this force is not from the existing shareholders because the existing shareholders are mostly frustrated by these big selling orders. Don't hope they buy those big orders, but they need have enough courage to keep their own shares from selling.
Again, where is this anti-manipulation force coming from? I guess it is coming from people in China who know BAA now through Baiyin/BAA deal which was published everywhere in Chinese main medias.
The manipulators seem desperate, they lost about 1M shares at $0.162 on Jan 26 and lost about another million shares at $0.168 on Feb 3. So, today they drove BAA down to $0.16 at the open and hope to buy back their lost or shorted shares. However, very few shares were traded below $0.17 today, so their shares will be lost forever. even more unfortunate for them, they lost almost another million shares at $0.185 today.
No matter where their shares come from, either their own or naked short, they will have no much power to manipulate BAA market again. So I predict BAA market will be normal gradually from next week. For many years, the manipulators seem easily make us frustrated, but now the anti-manipulation force seems easily make them desperate.
Just pure manipulation! Based on non-farm data It should push much higher
ya, I hope my dream is not becoming true too early because you have no BAA position yet.
A strange dream just waken me up.
There is a runway at the foot of a mountain and there is a label 20' at the end of the runway. People run to the end of the runway and a spring jumps people up to the mountain.
Based on my experience, my special dream always means something for my BAA because I have all of my investment in it. So, I guess that: Recently (today or next week), BAA will be gradually to $0.20 ( the runway and the 20' label), then a catalyst (the spring) jumps BAA price (the people) up very high (the mountain).
It is true, but the ducks are in line now with: China deal close (maybe tomorrow or after Feb 15), gold price and production increase.
If ask me for the theories, I would say it is not from a manipulator, but it is from a flipper, maybe from horse or somebody like.
the horse said he was in 140k shares and Baa would go to $0.26 two days ago. But today after morning BAA surging and then stops increasing, so the horse wants to profit his 140k shares. If that is the case why should we buy for others to profit? But we will buy for others to take loss.
Manipulator shares are different from flippers'.
Manipulators put big selling orders to scare people when share price is near the bottom, but they don't want to sell, but want to buy. So they must protect their big selling orders from taking out, by putting many small lower price selling orders to induce others selling. Today was not that case, the big selling order was not protected by lower price selling orders.
Interesting article this morning, it put BAA with ABX together.
It looks the management started BAA price promotion when Baiyin deal at the corner.
http://seekingalpha.com/article/3863716-miners-buying-part-iii-2016-market-stages-set-penny-stock-gold-producers-update
I am seeing an anti-manipulation force coming into BAA market and this force is winning.
Stocks price always decline if big blocks sell and always increase if big blocks buy. For BAA situation, these tricks are BAA manipulators, flippers and market makers to make BAA price circles and get profits although BAA price keeps down. Because they can get profits by flipping, so they don't care BAA price up or down. But BAA longs get damaged.
Jan 26 and yesterday were very strange. Both days gold price were increased madly. These manipulators always want to make "gold up, but BAA down" fears to investors. So, they sold many big blocks in a very short time frame to repress price from increase. Generally, the existing BAA investors cannot absorb that much dump and finally price go down. However, both Jan 26 and yesterday, the buyers absorbed almost million shares in minutes without price down, finally price was closed up nicely.
I never see this anti-manipulation force on BAA market before for my 5 year BAA experience. Where is this force coming from? I guess it is coming from Baiyin's employees or people in China who know BAA now through Baiyin/BAA deal. If that is the case, the circle traders will be removed from BAA market.
Your question 1 is the key to solve all of other questions.
The deal closing should have no problem. If you can read Chinese you will find many China main media reports and Chinese translations of Banro/Baiyin deal (It looks Chinese media think Banro/Baiyin deal is a big news). Baiyin is a government-funded company which has money and wants gold.
However, the closing time is difficult to predict, maybe tomorrow or maybe the end of the month because Chinese New year at the corner.
Stockitout
From the site, We can find three persons who were on site based on their messages, posted comments.
One said protesters damaged facility, another said no damage and the third said Banro will pay the death family $ 245,000 (USD) by the Kindu Garrison Military court.
It seems so easily and fast done.
https://7sur7.cd/new/maniema-un-depute-appelle-banro-a-dedommager-les-victimes-delogees-de-sa-concession/
Stockitout
I am right for my logic.
I saw a comment:
Beverly
29 janvier 2016 at 8 h 50 min - Edit
Reply
La personne morte, nous la regrettons tous mais elle n’est pas le President de la Societe civile de Kabambare, faux.
Il faut donner la verions complete aussi en ce sens que les manifestants au lieu d’organiser leur marche en toute tranquilite ils se sont attaques aux instatalations de l’usine pour la detruire, ce qui a pousse les policiers a tirer.
Il faut aussi dire qu’il y a eu d’importants degats que cette population a cause aux engins de la compagnie.
translated:
Beverly
January 29, 2016 8 h 50 min - Edit
Reply
The dead person, we all regret, but it is not the President of the Civil Society Kabambare, false.
We must give the full verions also in the sense that the protesters instead of organizing their walk in complete tranquility they instatalations attacks to the factory for destroying, which pushes the policemen shoot.
We must also say that there has been extensive damage that this population due to gear the company.
If you read the BAA 21012 article carefully and have experience in underdeveloped country, you would think my conjecture actually a logical inference.
Now I paste some phrases from BAA 2012 article here:
http://business-humanrights.org/sites/default/files/media/documents/company_responses/banro-response-re-namoya-drcongo-24-sep-2012.pdf
humanrights.org says:
"On September 15, 2012, Radio Okapi reported a disturbance involving artisanal miners and
community members at Salamabila. The Radio Okapi brief report contains several critical errors.
Contrary to the report by RO, the events at Salamabila unfolded as follows, according to those on
site at the time of the disturbance".
"On the night of 14th September the house of a local official and that of the President of the artisanal
miners was stoned by unknown persons, as were some Banro contractor haulage vehicles.
On the morning of 15th September some 200 persons staged a demonstration at the Namoya Camp
where Banro operates office and residential facilities. At one point, the National Police detachment
on duty fired warning shots in the air to prevent the group of protesters from entering the Camp. It
can unequivocally be stated by Banro that no one was shot during a short interaction between the
police and the protesters. It was also not obvious to witnesses that the demonstrator group
contained artisanal miners. It appears that the group was motivated by sources outside the
community.
From reports gleaned by the Namoya Project from the National Police and Namoya employees, the
group subsequently moved off in the direction of Kimbaseke village 8km distant, where the office
building of the Banro Foundation (which works in cooperation with the local community, funds and
oversees community-based social projects and programs), the home of a Foundation official and the
homes of four Namoya Project employees from the community were set alight by members of the
protester group. There were no injuries to the individuals who were targeted. These individuals have
subsequently laid complaints with the National Police and have directed a joint formal petition to
the provincial Governor, complaining of the actions carried out against them by the protestors. It is
understood that the National Police headquarters in Kimbaseke was also threatened by protesters
before the Police dispersed the group of demonstrators. The Police action did apparently involve the
firing of warning shots. The group threatened to burn the home of a local official, but after stoning it
moved on.
The Namoya Project has attempted to ascertain from local authorities whether there could have
been injuries to protesters during this segment of activity, but have been unable obtain any
response other than that no persons were injured as a result of Police action at the mine
construction site during the spell of community violence. There has been no complaint to Banro of
2
such injuries, or any blame directed at Banro. Banro will continue to attempt to gain conclusive
information one way or the other."
From above, we can conclude that:
1, Radio Okapi made false reports in 2012, and this time the report is coming from Radio Okapi only again.
2, the protesters are people who were set alight or stoning on houses or trucks.
3, local people and police are threatened by the protesters.
4, The protesters are not artisanal miners and from outside of the Namoya community.
Do you still think they are for human right? Yes they are devastating human right!
Analysis of BAA trading after Namoya violence:
The first day, Jan 26 the day the violence occurred. Some investors panicked like US 9.11 and some investors thought a good chance to accumulate big stakes. As a panic sell-off result, BAA traded the biggest volume for more than 3 months. After the fight between seller and buyer, BAA closed +2%, which made many posters here surprised.
Now the question is:
Is the one death and several serious wounded violence a good thing or a bad thing? Sure, it is a bad thing! But why was the share price up if it is a bad thing? And who would want to buy BAA on the shocking day? So, some investors, including me, must think it is a good thing. Why?
Although I did not know the detail there, but I can imagine a story to mimic Namoya situation.
Congo now much likes China 30 years ago (This is not imagine, it is true). Due to an incomplete law system, few lazy and brute persons get rich by stealing and robbing, even killing people for wealth. The local community people are always under the few persons' threatening. When BAA came this few persons found a new rich target to blackmail, but they could not get anything from BAA because BAA property is protected by Congo national police (much like China 30 years ago, government protects foreign investment). So, they hate BAA and stoned BAA contractor haulage trucks in 2012. That may be one of the reasons why BAA Namoya mine production delay and delay.
Now, the head of the local gang was killed and the tumor on BAA Namoya and the local community people was removed. The local community people feel safe now (much like my feelings in China 30 years ago). So, the knew people, or big boys are buying and the un-knew people, or retails are selling.
The following 3 days, Jan 27, 28 and 29 BAA tradings further confirmed the violence was a big good thing.