You know I was thinking why BAA is not moving up so fast and I believe it is because 85% is owned by institutional investors. That's good and bad. Short term bad, and long term good. I believe by having such a high percentage of Inst. investors you reduce the stocks volatility. I think that is why it scored pretty good on Yahoo's beta. If Gold goes up it will rise steady. If you compare it to THM, you will see Inst holders are 45% which is almost half. Ever notice how volatile THM can be and with a BEta of .91 that support the logic. I hope. You can make money on THM by buying low and selling high on the saw tooth. BAA is more of a building wave. Look at the graphs, you will see what i mean. I really believe the only way you can see more volatility in BAA is if the corp released more shares which initially pushes the price down but also enables more laymen with trading and % leverage and I think that is why BAA climbed after they issued shares last time. Once they got bought up by the MM's, now it's back to dink and dunk of the remaining shares held by shmucks like you and I. Oh, BAA will eventually go 10x in value after Nemoya delivers, but they may issue shares before then and we may see another dip first before the serious blast off. Anyway, BAA is sitting on the highest grade gold and a lot of it, and that is as sweet as it gets. Wait until people get tired of Barrick, I AM Gold and Allied and look for that junior gold stock. I bet they pile on to BAA! No, I am sure they will pile onto BAA! It's too freaken good to pass up ! No way they pass it up. No way.
