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.
Lol MSN has us at 95% institutional holdings
http://investing.money.msn.com/investments/institutional-ownership?symbol=BAA
Anybody see the 19million Market Vectors ETF Tr-Junior Gold Miners ETF added on 3/31/14
http://www.vaneck.com/market-vectors/equity-etfs/gdxj/holdings/
Should be pretty big news, no?
Nice volume today...
Well there was a bug in someones code letting the stock go up to .57 lol
Open in the red lol
People lack confidence in gold price so there is no money going into junior miners right now.. We need gold to hold 1400
Investors can see this as a good or bad thing... Eventually you reach a cliff where if you do not have any capital expenditures then you cannot mine anymore because you used up all of your resources.
In Banro's case they have profitable mines for years to come but I think investors are waiting for gold to become more stable before rushing into a junior miner with debt.
They proved that they can make money without mines at full operational capacity so I think that should pull more investors in, eventually...
Are you watching the USD take a shit today? That is good news for us
Nobody seems to care about miners... A percent in gold used to mean people throwing money at them.
I thought we would see .55 at open today.
If gold rallies back up to 1320's, this will be back in the mid .60's pretty quick. Well if people buy based on value and there is no manipulation lol
Yeah, they used the NDD for most of the exchanges.
Hopefully an accumulation tactic
Do you think a fund will drop a trade equal to the entire daily volume with no intentions?
I doubt they would willfully lose 7% on $250k
Lol we went from +7.5% to -2% in about 5 seconds...
This one is way too manipulated, makes me lose faith in all trading
HFT's are not good by any means... They can be viewed as a person hacking into your bank account and charging a penny per each transaction. HFT only profit off buyers that are slower, meaning if BAA had no volume then the HFT would have no use for it.
I don't think the market will have to force regulations on HFT as exchanges will probably step up and slow down HFT so even the playing field.
They are debt free and have 86 million in cash... This stock should be valued at 1.20ish nevertheless.
VGZ seems to be one step ahead of BAA in terms of financing and it jumped 12% today... BAA has higher returns but is stuck in a bunch of financing that it has to overcome. If gold can stay in the 1400-1500 dollar range it would only take about 1.5 years
Huge bid support at .51 now
Who reads that?
Not many buyers today compared to the rest of the mining sector... People are waiting for production numbers?
Well this is not good news... They still have over 10% of their revenues coming from other sources. Liquidity should be able to fund 12 months of operations.
Could be a cheap buy out target as stated.
No news yet and it is still dropping.
Thinking about adding more down here... Volume is a joke
That's why I'm here all they have to do is pay a fine and they will get the green light to proceed with loans. Should jump back up to .60 real quick when that happens
BAA doesn't move for anything, it just moves at random times. This is purposely held back with intraday selling
Agreed just took a small position at .33
Hope this is a bottom but who knows
BAA getting some good price action
UEC trying to cross the 50dma
TNX low of the day! Hope everyone is getting ready for a gold rush!
Have a small position of 50k at .223 avg that I will hold until the end of time
MCZ huge resistance at .48... a break through could mean a good run up again
TNX down 1.5%
KIOR 5k added at 1.25
Inflation will cause everything to go up... usually the TNX and gold are opposite
KNDI break
They seem to go against the DOW and TNX even if the price of gold increases... If gold holds then I think we will see an EOD run across the sector
CSFS need volume but good price action... love the chart
It's holding... so it could be worse
Played this one when it was a dollar... Earnings should be out 3/13 but they will either met or have a loss imo..
here is a good article that sums it up http://www.fool.com/investing/general/2014/02/14/heres-why-geron-has-been-so-volatile-this-year.aspx
BAA, Picked up 15k more shares at .60... Highest grade of gold and more than 80% institutional ownership have to mean something.
I don't understand exactly why VGZ is trading higher than this one
I don't like the low volume though... If no news comes about than this can be a slow bleed back to where it was.
I'll keep picking up along the way though. I truly believe this will happen in early March
Yep... I bought today and yesterday so I'm good.
Seems to have found support at .23 so I'm confident in it until news comes out.
Entered a small position in CSFS... Seems like a nice risky gain.
Over 80 percent of there income is canada (where they are banned from payday loans). They hired an independent financial adviser (rothschild).
I think it is a market over reaction and it will bounce back to .60 pretty quick.
Nice holding today... I think it may be time to enter again
This is the level it should be at awaiting the results from the MSJ (Look at the stock price on oct 17th the day of the MSJ hearing)