What if Insitutions / Marketmakers shorted 26 million shares leading up to the Nayoma date for opening, and what we just witnessed was them buying the Index funds to cover the short position????
26 million x (.50 avg short - .15 cover) = 9.1 million profit.
Now they are accumulating as fast as they can at this INCREDIBLE DISCOUNT PRICE?
HMMMMMMMMMMMMMMMMMMMMMMMMMM?
THAT WOULD MEAN THAT THE ENTIRE DROP FROM .50 TO .15 WAS MANIPULATION LEADING UP TO A FORCED INDEX SALE.
That would mean that the stock is VERY UNDERVALUED NOW.
That would mean that Institutions are buying it up as FAST as they CAN.
That would mean that Banro is on a rocket ship headed back to .50 where the BS MM manipulated Index Play started.
And Technically, with an upside break above the 50dma, and with the 200dma hanging around .45-.50, that technically when the stock returns to .50, it would be just retesting the 200dma.
Yep, Banro is about to explode.
