Market Makers Naked shorted 26 million shares ahead of the Nayoma Production Date. (That is why the stock flat lined in the months leading up to Nayoma date.)
Remember thinking, wait a minute, isn't this huge sell off a little over kill just because of Nayoma not being 100%?
Remember, Nayoma still produced 50% capacity. That was still good news, but it was sold off like Bad News.
Rumors of Bankruptcy were floated out there.
Pictures of stocks crashing and jokes about wallstreet were posted all over this board.
Bashers came out of the woodwork.
And Market Makers continued to short Banro right up to the Forced Index Sell on Friday September 19th, where the Market Makers Covered their 26 million share short position.
That is why there has been no filing for the buyer of those shares.
Now, that might be irritating for people to read, but let's look at the upside.
Now we have Banro on a Rocketship back to where it should have been all along.....50 cents.
Now we will witness Institutions (who were too happy to allow the Market maker maneuver to drive the stock down), buy up Banro shares at Rock bottom prices from here all the way back to 50 cents.
Now I think the last shoe has dropped, and the Banro Team has a Pipe of Good News REady to Launch Banro.
FINALLY!!!
And by the way, I just bought ANOTHER chunk of Banro today at .173. Thanks Market Makers, you rock!!
Cheers!
