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Alias Born 07/11/2014

Re: None

Wednesday, 06/08/2016 6:54:18 AM

Wednesday, June 08, 2016 6:54:18 AM

Post# of 63744
The following weeks will have strong BAA buying and we will see BAA above $0.50 before 15 July.

The reasons:

1, BAA was heavily oversold for almost 1 month after Q1 earnings based on its chart.

2, This oversold was due to BAA Q1 poor earning and poor 2016 first half year (H1) guidance. So, many investors either sold their holdings or not buying in H1.

3, Now, time is going into H2, due to BAA beautiful H2 guidance, many investors will either buy back their holdings or build new positions before BAA price significantly increases.

4, gold price will also help because of USA poor economy.

5, BAA Q2 production announcement is due in weeks and its production must be very good, otherwise, it would not pay the two quarters' delayed dividends.
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