Okay guys...here's what I expect...
Drum roll please....
The announcement for financing will only cover Nayoma, and keep all the "scary" debt on the table for all to look at.
(Thanks Banro Management)
They will also announce (queue the surprise) a 10-1 Reverse split.
Ahhhhhh, the agony, and it will be swift, for the good of the company, and the shareholders, blah blah blah.
Stock will probably bottom somewhere in the teens leading up to the split. (Sorry bottom feeders, you are too early)
Then we split to around 1.50-1.75 (my guess).
Then at some point after the next quarters numbers (probably worse than expected....of course) the Liberty Letters will start......Again.
This time it's Management is bad....Yadda yadda yadda....Not working for shareholders....Yadda yadda yadda.....Should sell company NOW...yadda yadda yadda...or we will throw out the board!!
Boom goes the Dynamite.
Management sends out letters.....we are not selling...yadda yadda yadda.
Stock starts moving up with this Banter, suggesting "rumors" that buyout might happen. Stock starts moving up a few weeks after August earnings...Let's say early September.
Then some analysts start talking about what the company would be worth....yadda yadda yadda....10, 15 per share, maybe 20 (post split)...yadda yadda yadda.
Stock goes up near 10 by years end....
Then more letters in January...stock goes to around 14 per share over the winter, then
Boooom Banro sells for 22 bucks per share (post split)
Am I getting close fellas? Throw me a bone will ya?
