Banro Corp. fka BAA

[Techamental Logic]

Jhn isn't shorting BAA and there are very, very few shorting BAA overall. The last update from NASDAQ.com showed that less than 1/5 of 1 percent of BAA was being shorted. The link below shows that in the last year BAA has never even had 1% of its O/S shorted.

http://www.nasdaq.com/symbol/baa/short-interest

There is no money in shorting it. The most anyone could possibly make right now is about 18 cents a share. On top of that it would likely cost a dollar or two PER SHARE to short BAA.

Finally the fact that BAA is again near 90% owned by institutions makes it insane to short because the squeeze could be put on in heartbeat.

The institutions controlling this stock would likely not play the squeeze themselves but because the float is essentially about 13.6% of the O/S right now a large retailer could apply the squeeze.

With that said...we could see institutions play it as a way to manipulate. If they make the PPS jump, get retailers to call it quits while others load up they know that those others are very likely to sell out once BAA falls.

For those playing the same angle as me I'd love to see that so that I can flip near the top of the squeeze and then buy back more shares. However the odds of BAA seeing even 1% of its O/S shorted are extremely low until BAA begins to move above .50 or maybe even .70. If the BAA moves for a great reason then even at .80 nobody is going to short it.