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vlispxpert

08/21/14 1:58 PM

#322286 RE: AugustaFriends #322285

Watching QRM closely...major tight bolly, long sideways....

oldberkeley

08/21/14 2:19 PM

#322293 RE: AugustaFriends #322285

BAA- I have no position short or long, sold it last week, just trying to give traders some background.

Most short-term traders don't do a lot of DD, I usually do. BAA made a major, major engineering screw-up in the building of their new facility at Namoya. It's a complicated story, the company admits it, all facts can be found here:

http://news.banro.com/press-releases/banro-provides-q2-2014-production-update-for-its-t-nyse-mkt-baa-201407090956701001

Anyway, they say it's going to cost them at least 2 mil for short-term fix, 20 mil for medium-term fix, won't even say long-term costs.

Repetitive all-bold capital letter posts aside, the more DD you do the worse the fundamentals look.

Rhee

08/21/14 2:55 PM

#322296 RE: AugustaFriends #322285

BAA - Well. Relieved I exited at the double top off the 5min chart. Not enough volume for daytraders. Looked too much like an ending diagonal. Funny thing is BAA sold off just as GLD bounced intraday. That's fairly typical at this juncture.

Now what.