Banro at .12 >>>>>> Insitutional Accumulation.
But where is the selling coming from, that allows them to accumulate.
Simple.....
Indexes being forced out due to minimum market cap requirements.
Funds being forced out due to minimum market cap requirements.
Tax Selling for October 15th tax deadline.
So What is keeping the insitutions from having to supply shares cheaply.
Simple....
Keep the little guys on the sideline.
Keep Banro in the "Danger Zone" where many stocks go to die or be delisted usually.
Bottom the stock, while Gold teeters on the edge of falling through 1200 support.
Have management in Blackout, with no insider buying allowed.
Have management minimize any positive news. (they just had to downward review Nayoma 3000 ounces didn't they.)
So then the question becomes, what happens when the tax sellers stop selling (October 15th finance deal NOT a coincidence) and the Forced out indexes and Funds finish selling????
What happens???????
I'll tell you what happens, the institutions are fully loaded, and management starts promoting the company.
And the Market Makers release their clamps on the stock,
and Bob's your uncle, Banro magically returns to .50 range.
Cheers!!
