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Techamental Logic

04/09/14 1:51 PM

#2607 RE: JDUR #2598

I have a theory about why it is tough for Banro to move.

My theory is that the number of shares at this PPS that people are willing to sell are so limited that it is actually scaring buyers away. As soon as buys start outpacing sells by 20-25% BAA jumps 10-15 cents and nobody wants to buy.

Below is a very interesting pattern that I have been watching. Is it manipulation? Just the ebb and flow of the chart and technicals? I think it is a little of both.

This pattern has also given me great confidence. There have been a two or three periods with higher volume but for the most part it really does look like the same 3.5M shares going back and forth.

Catch you guys after the show!

BAA Trading Pattern 12/2013 - 2/2014

BAA dropped from .57 to .43 on less than 3.5M volume from 12/18/2013 to 12/20/2013.

BAA ran from .44 to .57 on less than 3.5M volume from 12/27/2013 to 12/30/2013.

BAA ran from .50 to .65 on less than 3.5M volume from 12/30/2013 to 12/31/2013.

BAA ran from .55 to .75 on less than 3.5M volume from 1/2/2014 to 1/6/2014.

BAA dropped from .75 to .60 on less than 3.5M volume from 1/6/2014 to 1/8/2014.

BAA ran from .48 to .65 on less than 3.5M volume from 2/6/2014 to 2/10/2014.