Seriously, only good books showing profits will bounce this. With the noises coming out of Canada offices, I seriously doubt we will see that in the earnings next month. Do what you have to do. I would not count on near term moves up. Somebody somewhere in my opinion is lining their pockets with gold. For all we know, the directors are over there loading up trucks of gold for personal sale that is going into Cayman offshore accounts that will never be known about. And how would the stockholders have any knowledge of that? What overseeing authorities are protecting the shareholders? Answer... none.
If YOU were an investment banker, would you loan this company money?
Sentiment: Strong Sell
a real turn around in stock price on heavy volume, followed by at least two or three higher closing days. That would be a nice change. At least there will be NO fresh money in this thing until something like that happens. But as you say that has happened before, only to be blindsided by sudden bad news or a fund pulling out... as two days ago. I think a real turnaround will only be seen after positive earnings and the stock price erasing the dive from .45.
Maybe they could buy a rock band somewhere. Then we could change the ticker symbol to SDRR.
It would not be in good faith to be working that way... but it's a possibility. The other properties are worth money... but hard to get to and improvements and all equipment are needed. That is a serious liability to the value of the assets. For shareholder's sake I hope you are right. If they were shorting their own company via third party shell companies, they could make a ton of money without lifting a finger. Remember... at $1.00 this company was worth 250 million. Shorting that to here generates about 165 million dollars. That's a lot of money in anyone's book.
Why be so chicken? Did you need our permission to short the stock? Go ahead. Short the hell out of it. Mortgage your house and put it all in NQ shorts. Hold your position for a couple months. It will only FEEL like you are bankrupt!! Do you even know the meaning of a "key reversal day" or "bottom"?
Sentiment: Strong Buy
Hm. LOL Food stinks. New decor is ridiculous, tacky and McDonaldish. I think you are right. Management is the cause of menu and decor. Ergo...
If you don't man the lifeboats now, you will have to jump when it goes under. Part of the ship has already broken off and sunk (Red Lobster). Olive Garden is being purposely destroyed by Darden. Why? I have no freakin idea. The chart is a disaster. Why would ANYONE stay on board a company while it is sinking?
Once more the stock you love to sell... just wait till the big institutions start bailing out. Another ugly day for BAA. If you don't know how deep the water is, don't dive off the cliff. Waiting for the bottom.
Thank you. Messiah Block... LOL Yeah... people always assume the worst when the details are not filled in. What else can you expect from the devil?
Sentiment: Strong Buy
apparently I missed something.
They are here to steal your money and lie to you. They are the same person. APN is a loon from another mb where he works for hedge funds knocking electric technology. He is pro big oil, and prejudiced against anything Chinese or save the earth green technology. I suppose he is also anti Canadian... as he wraps himself in the american flag. People who know him iggy him and laugh at him and his alternate personas all day long on other message boards. You have been warned. He knows nothing about stocks. He is paid by your responding to his posts. About one dollar per response. Thats it.
agree... Buying here is like sticking your face into a fan. Geeze... at least wait till tomorrow.
Here is the way I see it. At some point, unless bankruptcy is inevitable, this stock becomes cheap enough to take a chance on. Calling arbitrary numbers is pointless. The market will determine a bottom. Obviously, it's probably under .40 a share.
only way to make money on this loser is to sell before the earnings and buy the morning after. At least that way you can leverage your losses. Is this the all time low for Banro? Or did they humiliate themselves even worse than this before?
and here we sit, 19 percent down for the day. SELL before the earnings reports, BUY the morning after or so. Shorts always cover before earnings, and the stock always tanks after earnings.