Replies to post #2722 on Banro Corp. fka BAA

[JDUR]

Seems like van eck associates dumped 6 million shares recently

[Techamental Logic]

Great DD! I just ran the numbers. I.G.'s 23M and one of Gramercy's 8.6M are duplicates for sure. I can't tell if BlackRock Advisors LLC 28.9M shares are pooled with Black Rock Invest's 13.8M For the purposes of this...I will say yes!

Even with that it means insiders now own about 185.5M shares which comes out to about 73.6%! If the two BlackRock's are separate that bumps Banro's institutional ownership to a whopping 79%.

That also explains everything else. There just aren't enough shares for those who hate Banro to cause any real harm!

I just looked at today's trading. LOL It looked very much like they tried their hardest to trigger a few stop losses. Their goal was to bring BAA down below .43 because many people loaded there and maybe had set their stop losses at .43. I saw a 13K trade go through, hopefully that wasn't somebody's shares.

Basically this is a war between high class heavy hitters like BlackRock, Gramercy and so on against a few bitter financiers (GMP, BMO and CIBC). That CC has now taken on a whole new meaning for me. I'm even wondering if those guys were all sitting in the same room!

If not I bet they were communicating at least phone, text or email. The way they followed up their questions...bang, bang, bang. Ha!

With Banro likely 73% to 80% owned by BlackRock and others who know the mining industry I feel us longs are on the right side of this battle!

Have a great weekend guys!

[ponderosa77]

Great post JDUR looks like some of the big institution guys wanted our for whatever reason which drove a lot of the little guys out. Big strong institutions who are likely to hold long term and not in this to loss money were able to increase percent outstanding shares which is getting to be fairly small float. Short and long term this seems to be a major positive to me and makes a buyout likely. Anybody else see it this way?

[Techamental Logic]

MSN updated BAA to 87.08% institutional holdings. That sounds just about right. It matches the calculations made based on the SEDAR and EDGAR filings so far this year. It also correlates to the numbers being shown on morningstar.com that don't have SEDAR or EDGAR filings like the Junior Gold Miner's ETF.

The clincher for me is that MSN shows the top 10 institutions holding 67% of BAA which is by my calculations correct.

http://investing.money.msn.com/investments/institutional-ownership?symbol=BAA

As to why BAA is where it is as far as PPS. Just the market and bound to change very soon. The institutions can't just buy every share or BAA would go into float lockdown. Even at an increased 256M O/S that means there are only a little over 33M shares really being traded right now.

Before long, I think we will hear something regarding BAA.