Will depend on Banro news of course.
My gut says Banro will be above .50 by Nov 7th.
The chart sets up nicely for a gap up between the 50dma and 200dma, so who knows, maybe the next news coming with financing will FINALLY be good.
Usually their news is surpising, and with the october 15 deadline floated for so long and far ahead, I'm sure the "expected result" will not happen.
So what would be the "unexpected result".
Delay in financing, financing does not come through, 2 weeks later another finance deal is made, financing comes out earlier than expected maybe tomorrow or monday.
Who knows, but here's what I definitely don't expect....
October 15 news is...."everything went as expected, financing approved".
Don't know, Don't care.
Banro is a rocket ship headed for Mid Major Stock prices.
Cheers! Go Banro!
