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Stallion give it a rest :) you're starting to sound like inverse keyoteee
Added another 20,000 earlier, so now 205K. Pretty much done now.
Wait a second we have to pay for the hookers and booze too ? What the hell
Nothing. Just the usual manipulation. Global economy is just couple of feet past that point at the top of the roller coaster where you're waiting to descend. Despite the ridiculous propaganda
Only a idiot would sell just before the big news.
185K so far
Cheers. Yes that makes sense. Of course other funds will be more responsive I would imagine
Thanks for the reply. Yes I think GDXJ is probably the near term catalyst for a secondary bounce. And then like you say others will follow. How quickly might GDXJ come in? Days, weeks? I do not know how responsive they are to this kind of situation. If its quick then retrace may be limited.
Hypothetically speaking, if BAA heads northwards towards 0.40 after the financing mews, does this not mean that ETFs will initiate new positions in BAA. And if this is the case, what might the implications be for arresting the expected retrace? I have been thinking about this because if it does happen, flipping mightn't be such a great idea...Thoughts please ?
Wow some bipolars on the board! Talk the talk, but can't walk the walk. Bye!
Wow some bi polars on the board! Talk the talk, but can't walk the walk. Bye!
Strange behaviour Lib. You have been making the case that financing is a done deal for weeks - legally binding etc. Whats the score ?
Well thats hindsight for you. Trading is much riskier than a simple buy and hold strategy. If you buy and hold for a couple of years I believe you will make serious money. Simple as that. Not everyone can afford to do that of course.
Well I have been here about 8 months, but only on ihub for about a month. My investment dropped 40% after I bought in, but it didn't really bother me because I knew once we get financing all bets are off. And here we are now. I had a 2 year timeframe so a long way to go. Patience...
Mid April, late April who cares means nothing. Relax or take the exit
Lol. Yep. The swines are putting up some fight to keep gold down but they're soon to be slaughtered and they know it. Demand for gold is increasing every week now and the smart money knows whats coming..
Gold moving up now as per short covering. Expect rally to last until at least mid May. By then, expect 1300-1400. If Grexit and Q1 earnings go the way it looks they will, then we're looking at 1400 plus
As expected, GP ticking up now due to short covering. Abysmal Q1 earnings, gold iwatch, Grexit, China collapse, Russia war in Ukraine, Australia, Brazil entering recession won't do any harm either. Nice environment for announcing the financing..
Yawn....Someone wake me up when we hit 0.50 :)
No facts except current share price, just opinion based on negative bias :) LOL
Yeah saw that earlier. Just as Shanghai physical dismantles western paper. Beautiful timing for physical price discovery :)
Third largest gold specs shorting last month - 150K on the COT. As always we get the inevitable short covering rally as the specs buy back long. Normally these rallies last around 12 weeks. BUT heres the thing. This rally happens to coincide with what analysts are already predicting will be the WORST Q1 earnings season since 2009! As we all know here, the stock market is already grossly overvalued thanks to the deceitful Fed. Imagine what its going to look like after the earnings over the next couple of weeks! So we have gold rallying into hyper bearish earnings. Things could very interesting if, as I suspect, the Dow and S & P finally begin their way overdue roll over into a new and savage cyclical bear lasting a couple of years. If and when this happens investors are going to be hunting frantically for safe havens and wealth protection. We here know exactly what that means. That means precious metals. Forget real estate and stocks they are in a bubble. The only undervalued sector these days is PMs. And boy is it undervalued! Folks things are going to get exciting! Have a great weekend and see you Monday :)
Gold pop and financing news, wouldn't that be something?
Financing deal could be announced anytime from now. We all know what that means..
Nice going - thats a fantastic average. I have 185 K but at slightly higher average :)
Give me sub 0.20 and I'll take another 50K. Too cheap to resist at these prices.
Agreed. Blackrock knows full well that Banro will in time be a major, multi-billion dollar company, what with its incredible assets. 2 mines now producing, with 2 more in the pipe plus the rest the rest of the hugely prospective gold rich belt to explore on. The mind boggles when you factor in higher gold prices..
Yep. And as usual the SEC does nothing. Useless idiots. In any case financing should come through next week and these assholes will be up shit creek....
Didn't you say you were out? Why are you still here then?
I agree this is tricky indeed. If Banro does indeed breakout, it is tempting to take profits and then buy back the dip - ASSUMING there is one. Sometimes there isn't a stock can carry on near vertical for a while. Its a dilemma. For my part I hold 185K shares in a UK Isa - which is a tax free, so you can in theory make unlimited gains tax free. So I think I will most likely stick to my original plan of holding for a couple of years - and resist the temptation. Of course if it blew off to a $1 that would be different..
Please take it down today I've freed up some more funds :)
Gold's flying now. Things are setting up nicely for next week. Gotta love these MM mind games - there is nothing they can do about patient longs. Daily, weekly fluctuations are meaningless in the scheme of things :)
Now what are they up to. Someone call Naomi
LOL.
Cheers Tex. Yes Ron is certainly someone I admire very much - a true American. Alas, we have precious few of his ilk over here in the UK. Maybe I should stand for office! But being here gives an interesting perspective on what is happening to your once great nation. Time is running to prevent you guys becoming a police state. But there are still some good Americans who see through all the media BS and general brainwashing. Best news website you guys is ZH and its free! All Americans need to read it. Anyway cheers for the welcome :)
Hey Optimus / Tex and other true Banro longs - just wanted to introduce myself to the board formally. Appreciate your thoughts and insight as a fellow investor. As said previously I'm all in for 185 K shares with 2-3 year outlook. Exciting times indeed.
Gold is in a bull market in every currency except the dollar. Thats about to change...
Long Banro. As in years. 185K shares. Wouldn't dream of selling until we are multi dollar :)
Yes. On that note, could any weak hands please exit the building as you are not doing anyone any favours. Cheers.