TexasRambler, man, we do know why we are sub 20 cents.
MM's shorted the stuffing out of Banro, and drove the stock from the mid 40's down to .15 just in time to cover into the forced ETF index sale of 26 million shares.
You want proof? Show me the filing for acquiring 10% of Banro.
Where is it? Had someone bought those shares, they would have to file.
And you can check the tape, the entire trade occurred in one block at .15.
Now insitutions may have their buy programs in, but with so much shorting, it was easy for MM's to drop Banro 30 cents, and clear around 10 million on the trade.
EASY. So stop wondering why Banro is sub .20.
I just told you. But Brace yourself, with that trade closed, there is atleast a 30 cent gap up in the works.
Now we just need some news.
