ORIONS Money Stocks

[oldberkeley]

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.