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Banro Corporation Message Board

  • judge_d_rex judge_d_rex Jun 26, 2013 12:37 PM Flag

    Profitable...$2.50 book...65cents?

    What is wrong with this company that should make me stay away. Seems like to best buy i've seen in years. Sure gold is crashing down huge but this stock seems to have gone down beyond sanity. At this price they are still making $$ and they have lowered cost...while augmenting production. + they just had a $100M financing round at $1.35 2 months ago...wow please tell me what's wrong someone before I sell the farm.

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    • I was looking and if it falls 10 cents everytime gold falls well it's at 0 in 2 weeks? Does that make any sense? Last friday watching the ticker it went up 0.15 on no volume then huge dump at close all the way back down. Seems one entity is selling and selling. When it's done it should move back up for some time...any volume would push it much higher. No one could short this and outstanding short is small. Anyhow I got a buy order at 0.55 and will start loading every drop from there.

 
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