Yet here we sit, STILL waiting for you to SHOW us how it is worthless. STILL waiting for you to SHOW us why it is going bankrupt. I have multiple posts using real numbers (audited by Deloitte) that show much it is worth using different measures. All you have done is scream "pumper, bankrupt, my uncle..."
@tegrity1 this link will be of interest to you, especially on May 1st! On May 1st it'll show how many shares of BAA were shorted up until April 15th. Since April 15th BAA has traded below .50 and is unlikely to have attracted many shorts.
As you can see only 854,890 shares of BAA were shorted as of 3/31/2014. Those shares were most likely shorted when BAA hit .76 cents briefly. My guess is the majority of those were actually covered prior to April 15th when BAA dropped to .426 and then there was a flurry of buys...probably short covers.
So on May 1st I think we will actually see that BAA has less than 500,000 shares shorted. If you are right then BAA would have millions of shares shorted. The great news is on May 1st we will know either way!
The trading on the 21st made it look far less likely that I would be able to buy shares below the .421 which was my initial buy of my current holdings back in December. So I moved up a couple of my bids and bought at the ask.
I am actually hoping you are right about the shorts. If we were to see 50 million shares of BAA shorted on May 1st I guarantee you we will almost instantly witness one of the most epic short squeezes in the history of gold mining stocks.
I'm not exaggerating. Did you know that BlackRock manages over $4.3 TRILLION in assets. TRILLION! BlackRock just purchased over 19% of Banro less than 4 months ago. A huge shorting of BAA would give BlackRock the opportunity to turn BAA into a virtual ATM machine and it would be legendary!
Not to mention that if BAA doesn't hit Gramercy's strike price they would lose their $40 million. NOT GOING TO HAPPEN!
The next 8 days of trading are going to be the most enjoyable of this year so far!
I have learned that stock message boards provide the few trolls, like yourself, the platform to speak freely because the sense of privacy protects your true intentions and level of ignorance.
Your comments about BAA are both comical and sensationalized. Yet I digress and see your effort to bash as a positive. Every stock that I have been involved with (and BANRO will be another on the list) where the buzzards came out to feed all went up in price. So you keep pecking .. and I'll keep buying !!
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