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Re: None

Wednesday, 10/01/2014 2:28:11 PM

Wednesday, October 01, 2014 2:28:11 PM

Post# of 63744
Don't buy Now...Too Risky....

Wait for the Stock to Gap up to .45-.50 range.

If the stock closes this gap, and then follows this jump with a confirming move from .45 to 1.50, you should start following the stock.

At 1.50 a healthy pull back of 15% or so would be expected, followed by a second move from 1.20's to 2.10.

At this point, if the company is successfully moving forward on mines #3 and #4, You might think about starting a position, but waiting for a bullish retracement of the 5.00 level would be advised.

If Banro can hold 5.00 for a period of 30 days or longer, then buy at will.

However, I would not recommend buying Banro at 15 pennies.

Just too damn risky.

BoooooooooooooooooooYA

Cheers Banro Longs!
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